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development theories and under development MCQs

Practise focused development theories and under development questions with marked answers for exam preparation and subject revision.

development theories and under development Mcqs
1. Whose name is not associated with the liberal theory of development:
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A. Karl Marx

B. Malthus

C. Adam Smith

D. Ricardo

2. Who looked upon economic development as a race between capital accumulation and population growth?
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A. Classical writers

B. Neo-classical writers

C. Marxian writers

D. All the three

3. Karl Deutsch believed that political development should be linked with:
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A. Administrative advancement

B. Political mobilisation

C. Industrialisation

D. Political participation

E. Political stability
4. According to Ricardo the key role in economic development is played by: __________?
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A. The landlords

B. The capitalists

C. The Labourers

D. The scientists

5. According to Adam Smith the division of labour contributes to development because:
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A. It leads to reduction in production time

B. It leads to invention of better machines and equipment

C. All the above factors

D. It leads to an increase in dexterity among workers

6. Marx in his writings: _______________?
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A. Emphasized that capitalism was respobsible for underdevelopment

B. Paid no attention to the issue of underdevelopment

C. None of the above

D. Paid great attention to the issue of underdevelopment

7. The labour theory of value which formed one of the feature of theory of development offered by Racardo was: ____________?
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A. His original idea

B. Borrowed from Marx

C. Borrowed from Adam Smith

D. None of the above

8. Radical underdevelopment theory:
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A. All the above

B. Supported the stand of traditional Marxists

C. Opposed traditional Marxism

D. Effect some modifications in the stand of traditional Marxists

9. Generally the periphery countries are dependent on the centre for: _____________?
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A. All the above

B. Minerals

C. Manufactured goods

D. Raw materials

10. According to liberal theory of development origin of all value was: _______?
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A. Mineral wealth

B. Capital

C. Land

D. Labour

E. Natural resources

11. Who saw a close relationship between underdevelopment and expansion of capitalism?
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A. Radical structuralist

B. Marxists

C. None of the two

D. Both of the above

12. The Mandan theory of development was greatly influenced by: __________?
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A. The English classical school

B. The German historical school

C. By both the above schools

D. By none of the above two schools

13. Which of the following is not true about Adam Smiths views about development?
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A. He laid stress on the accumulation of capital

B. He stressed that division of labour did not depend on the size of the market

C. He laid stress on level of productivity

D. He supported the idea of division of labour

14. According to Adam Smith the division of labour contributes to development:
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A. When the market is small

B. When the market demand is sufficiently large

C. Urder all types of markets

D. When the market is neither too small nor too large

15. The theory of underdevelopment indicates inter-relationship of: __________?
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A. Technology and trade

B. Developed and developing countries

C. Underdeveloped countries among themselves

D. Commerce and industry

E. Developing countries among themselves

16. Marx believed that spread of capitalism throughout the world had led to: __________?
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A. Development

B. Development in some parts and underdevelopment in other parts

C. Underdevelopment

D. None of the above

17. The Principles of Political Economy and Taxation (1817) which deals with the classical theory of development was written by: _________?
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A. Adam Smith

B. Ricardo

C. J.S. Mill

D. Malthus

18. In schumpeters theory of development maximum stress has been laid on: _________?
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A. Entrepreneurship

B. Industrialisation

C. Land

D. Interest

E. Capital

19. Which one of the following writer was not associated with the classical theory of development?
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A. Ricardo

B. Adam Smith

C. Malthus

D. Marshall
20. An underdeveloped country is one which has good potential prospects for using:
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A. More available natural resources

B. All the above

C. More capital

D. More labour