A. Retained by the capitalists
B. Distributed among all the workers
C. Distributed among all traders
D. Located in trade unions for workers’ welfare
E. Used for the welfare of the society
A. A corporative state
B. A classless state
C. Lasisez faire state
D. A Socialist state
A. His original contribution
B. Borrowed by him from Marx
C. Borrowed by Schumpeter from neo-classical thinkers
D. None of the above
A. A society in which people enjoy complete political liberty
B. A casteless society
C. A society based on religion and morality
D. A classiess society
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. Gettell
B. Finer
C. Leacock
D. Rossueau
A. It emphasises that the power rests with the people
B. It holds that common interest can be realised only through democratic government
C. It concedes to the people the right to oppose the state
D. It does not give any power to the people to oppose the authority of the state