Burns (1934) argued that retardation and decline in some industries ar

Burns (1934) argued that retardation and decline in some industries are

(a) healthy for a growing and developing economy because resources are released for use in productive sectors.
(b) healthy only for the competitors of the declining industries.
(c) unhealthy for a growing economy because resources are idle in the declining industries.
(d) unhealthy for a growing economy because the released resources are used unproductively
by the competitors of the declining industries.

ANSWER

(a)