A. When the market demand is sufficiently large
B. When the market is small
C. When the market is neither too small nor too large
D. Urder all types of markets
A. Adam Smith
B. Marx
C. Marshall
D. All the above
A. It leads to an increase in dexterity among workers
B. It leads to reduction in production time
C. It leads to invention of better machines and equipment
D. All the above factors
A. Adam Smith
B. Malthus
C. Ricardo
D. None of the above
A. Malthus
B. Adam Smith
C. J.S Mill
D. All the above
A. Land, labour and capital
B. Labour, capital and technology
C. Technology and capital
D. Labour and technology
A. Adam Smith
B. Herbert Spencer
C. Karl Marx
D. All the above
A. The form of government
B. The legal system
C. Standards of education and health
D. All the above
A. Abundance of national resources
B. Character of people
C. Frequent and free elections
D. Level of technology
A. Removing underdevelopment
B. Encouraging underdevelopment
C. Maintaining status quo
D. Effected underdevelopment in no way