A. Free competition
B. Regulation of means of production and distribution
C. Non-interference in the economic activities
D. Multi-nationals
Related Mcqs:
- The Democratic Socialists favour:
A. Only political democracy
B. Only social democracy
C. Only economic democracy
D. Social, economic and political democracy - Marxian Socialists are in favour of: ___________?
A. Abolishing capitalism
B. Reforming capitalism
C. Retaining capitalism as it is
D. None of the above - In the economic spere, the individualists are in favour of: ______________?
A. Ending all free competition
B. Encourging free competition
C. State control over production and distribution
D. Dictatorship of the proletariat - In the economic sphere justice implies:
A. A person whould be permitted to keep the unearned income
B. Every body should be given same salary irrespective of the nature of job
C. There should be free play of economic forces in the society
D. The basic needs of all the people must be met - In the economic sphere Fascism stood for: ____________?
A. Free trade and competition
B. State regulation of all economic activities
C. Regulation of industries by workers
D. None of the above - Those who favour the abolition of state altogether are called: ________?
A. Fascists
B. Guild Socialists
C. Anarchists
D. Syndicalists
E. Nazis - The Socialists consider the state as: _________?
A. A necessary evil
B. An instrument of exploitation
C. A divine institution
D. A positive good - Guild Socialists believe that:
A. State should perform maximum functions
B. Most of the present day functions of the state should be performed by guilds
C. State should perform all optional functions
D. State should actively interfere in individual’s affairs - According to socialists which one of the following is not a function of the state?
A. To maintain law and order
B. To own means of production
C. To regulate working hours of workers
D. To remove social evils
E. To promote religion - The individuals were in favour of leaving the individual completely free because:
A. He is quarrelsome
B. He is unsocial
C. He is a rational being
D. He knows his interest best
