According to Ricardo the key role in economic development is played by: __________?
A. The Labourers
B. The landlords
C. The capitalists
D. The scientists
Political Science Mcqs
Hansen used the theory of Economic Maturity to examine the problems arising:
Hansen used the theory of Economic Maturity to examine the problems arising:
A. In the wake of World War I
B. In the wake of World War II
C. In the wake of economic crisis of thrties
D. In the sixties
The classical economicts opposed government interference because:
The classical economicts opposed government interference because:
A. It keeps prices of food high by levying high tariffs
B. It subsidized the poor
C. It encouraged overpopulation
D. It appropriated a part of purposes
E. On account of all the above reasons
Theory of Economic Maturity regarding development is associated with: ____________?
Theory of Economic Maturity regarding development is associated with: ____________?
A. Schumpeter
B. Keynes
C. Alvin Hansen
D. All the above
The entrepreneurs undertake new development activities :
The entrepreneurs undertake new development activities :
A. By investing their savings
B. By roping in rich capitalists
C. By securing credit from the banks
D. By securing grants from the government
The Entrepreneur theory of development holds that: _________________?
The Entrepreneur theory of development holds that: _________________?
A. Talented type of individuals play an important role in development
B. Rich capitalists play an important role in development
C. Rich people with the help of some enterprising persons contribute to development
D. None of the above
Schumpeter is associated with: _____________?
Schumpeter is associated with: _____________?
A. Neo-classical theory of development
B. Narxian theory of development
C. Theory of entrepreneur
D. None of the above theories
Who looked upon economic development as a race between capital accumulation and population growth?
Who looked upon economic development as a race between capital accumulation and population growth?
A. Marxian writers
B. Classical writers
C. Neo-classical writers
D. All the three
Which one of the following has been wrongly listed as a feature of model of development offered by neo-classical thinkers?
Which one of the following has been wrongly listed as a feature of model of development offered by neo-classical thinkers?
A. Development is a gradual and continuous process
B. The process of development has harmonious and cumulative nature
C. They are quite optimistic about the possibilities of continued economic progress
D. None of the above
Non-classical theory of development became necessary:
Non-classical theory of development became necessary:
A. Due to technological and resource discoveries of the nineteenth century
B. Deu to fast deteriorating condition of the workers in Europe
C. Due to fear of revolution created by the preaching’s Marx
D. Due to all the above reasons