B. Malthus
C. Adam Smith
D. Ricardo
A. Classical writers
C. Marxian writers
D. All the three
A. Administrative advancement
B. Political mobilisation
C. Industrialisation
D. Political participation
A. The landlords
C. The Labourers
D. The scientists
A. It leads to reduction in production time
B. It leads to invention of better machines and equipment
D. It leads to an increase in dexterity among workers
A. Emphasized that capitalism was respobsible for underdevelopment
C. None of the above
D. Paid great attention to the issue of underdevelopment
A. His original idea
B. Borrowed from Marx
D. None of the above
A. All the above
B. Supported the stand of traditional Marxists
D. Effect some modifications in the stand of traditional Marxists
B. Minerals
D. Raw materials
A. Mineral wealth
B. Capital
D. Labour
E. Natural resources
B. Marxists
C. None of the two
D. Both of the above
A. The English classical school
B. The German historical school
D. By none of the above two schools
A. He laid stress on the accumulation of capital
C. He laid stress on level of productivity
D. He supported the idea of division of labour
A. When the market is small
C. Urder all types of markets
D. When the market is neither too small nor too large
A. Technology and trade
C. Underdeveloped countries among themselves
D. Commerce and industry
E. Developing countries among themselves
B. Development in some parts and underdevelopment in other parts
C. Underdevelopment
A. Adam Smith
C. J.S. Mill
D. Malthus
B. Industrialisation
C. Land
D. Interest
E. Capital
A. Ricardo
B. Adam Smith
C. Malthus
A. More available natural resources
C. More capital
D. More labour
A. Retard fast growth of population
B. Discourage growth rate of population
C. Help maintaining status quo in population growth
B. All the above
C. Schumpeter
D. Keynes
A. Labour
C. Capital
D. Land
A. It refused to consider development as a gradual and continuous process
B. It attaches too much importance to factors like political stability and attitude of the people
C. It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital
B. Though the combination of all the above methods
C. Under the guidance of the government
D. With the assistance of the government
A. Reduction of wages
C. Increase in working hours
A. Industrialisation
B. Disciplinary approach
D. Political processes
A. He wrongly asserts that capitalism is crumbling and socialism is likely to replace it
B. His theory is defective in so far as it tries to present the spirit of enterprise as a phenomenon common to all social organisations
C. His assumption that all innovations are financed by borrowings is not correct because banks generally provide only short-term loans
B. They underestimated technological progress
C. They wrongly assumed that per capita income rests diminishing returns
E. They failed to analyse problems of aggregate demands
A. None of the above
B. Only the capitalists
D. Only the workers
A. International trade
D. Increasing population
A. Should be modified to certain extent
B. Should be destroyed
D. Was not conducive for the utilisation of existing resources
A. It underestimated the possibility of technological progress
B. None of the above
D. It failed to adequately analyze the problem of maintaining aggregate demand
A. Theory of surplus value
B. Class-struggle
D. Centralisation of capital
C. Marx analysis of theory of wages is inadequate
D. It is wrong that capitalist keeps some workers permanently unemployed
A. Capital formation
B. Dialectical materialism
D. Proletariat revolution
E. Surplus value
A. J.S. Mill
B. Due to fear of revolution created by the preachings Marx
C. Due to all the above reasons
D. Deu to fast deteriorating condition of the workers in Europe
B. During periods of capital accumulation
C. Under both the above stated conditions
D. Under none of the above stated conditions
A. It should be linked with political stability
B. It should be linked with legal system
C. It should be linked with bureaucracy
E. It should be linked with industrialisation
A. Nature of political processes
C. None of these
D. Extent of political mobilisation
E. Extent of political participation
A. Reiterated their faith in the people that wages are determined by supply and demand
B. Asserted that the wages of workers had consistently increased
A. Has clearly been defined
B. None of above
D. Can be defined but no attempt has been made
C. Political modernisation
E. Political democracy
A. Edward A. Shills
B. G.A. Almond
C. Karl Marx
D. Max Weber
A. Economy of society
B. Social conditions
D. Industrialisation
A. Profits are high when land-population ratio is favourable
B. Profit go high when rate of accumulation is large
C. Wages go high when land-population ratio is favourable
B. J.S Mill
C. All the above
D. Adam Smith
A. Should be separated from each other
B. Both are contradictory to each other
C. Should be delinked from each other
A. Helps maintaining status quo
C. Is always opposed to it
D. It seldom opposed to it
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