1.   According to Schumpeter, his definition improves on classical democratic theory in a variety of ways.

2.   In the classical theory of comparative advantage, there is no role for government in determining the location of industry.

3.   In this approach, a particle does not have just a single history, as it would in a classical theory.

4.   Indeed, what is observed is quite inexplicable on the basis of classical theory.

5.   Problems with classical theory How do we know that classical physics is not actually true of our world?

6.   The classical theory of comparative advantage is often taught as if everyone benefits from trade.

7.   The general theory of relativity is what is called a classical theory.

8.   The predictability is as clear-cut as it is in the classical theory.

9.   This gives a vast space of possible states-much more than for afield in classical theory.

10.   Time is not considered in classical theories yet no experiment can be made which does not involve time.