In his theory about development Marx Schumpeter was influenced by: ___________?

Related Mcqs:

1. In his theory of development Schumpeter has laid stress on: __________?

   A. Leadership
   B. Ownership
   C. Capital formation
   D. Accumulated capital
   E. None of these

2. In schumpeter’s theory of development maximum stress has been laid on: _________?

   A. Capital
   B. Interest
   C. Land
   D. Industrialisation
   E. Entrepreneurship

3. Marx has explained his theory or development with the help of: __________?

   A. Theory of surplus value
   B. Dialectical materialism
   C. Class struggle
   D. Proletariat revolution
   E. Classless society

4. The Mandan theory of development was greatly influenced by: __________?

   A. The English classical school
   B. The German historical school
   C. By both the above schools
   D. By none of the above two schools

5. According to Schumpeter the entrepreneurs contribute to development by: ____________?

   A. Quickly catering to the tastes of the consumers
   B. Bringing about changes in the tastes of consumers
   C. Providing the existing goods at the lowest price
   D. All the above actions

6. Which one of the following has been wrongly listed as a defect of Schumpeter’s theory?

   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
   D. None of the above

7. Karl Marx ideas about development theory are available in: _________?

   A. Communist Manifesto
   B. Das Kapital
   C. Capital: A. Critique of Political Economy
   D. None of these

8. According to the classical theory of development, the development of a country depends on: ___________?

   A. Land, labour and capital
   B. Labour, capital and technology
   C. Technology and capital
   D. Labour and technology

9. 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

10. Schumpeter held that significant advances in national production occur by disharmonious leaps and spurts. This idea was:

    A. His original contribution
    B. Borrowed by him from Marx
    C. Borrowed by Schumpeter from neo-classical thinkers
    D. None of the above