A. His original idea
B. Borrowed from Adam Smith
C. Borrowed from Marx
D. None of the above
Related Mcqs:
- First time Labour Party formed government in 1924 at that time the Leader of the Labour Party was:_____________?
A. Ramsay Mcdonld
B. Earl of Derby
C. J.H. Wilson
D. None of them - 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 - The most elaborate exposition of classical theory of development was offered by: ________?
A. Adam Smith
B. Ricardo
C. J.S. Mill
D. Malthus - “If political leadership fails to emerge, there is likelihood of military taking over power in developing countries. Radical student groups or labour may try to raise revolution but they are not likely to compete with the military. Military intervention, rule and withdrawal from politics is clearly related to a society’s level of political development.” In the context of Political Development the assumption in the above passage is that:
A. Political leadership is not an effective instrument
B. Military intervention is inevitable for development
C. National integration results from military intervention
D. Military is an agent of social change - According to Adam Smith the division of labour contributes to development because:
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 - According to Adam Smith the division of labour contributes to development:
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 - 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 - After the defeat of Muslim League in election in East Pakistan, majority government could not be formed. A coalition cabinet ws formed. Who became the leader of the new cabinet and Mohammad Ali Bogra was sent back to his former position of Pakistan’s Ambassador to U.S.A?
A. Tameez-ud-Din
B. Mohammad Ali Bogra
C. Khan Zaman
D. Iskandar Mirza - Which of following thinkers built up theory of development around theory wages and rent?
A. Marx
B. Ricardo
C. Adam Smith
D. None of the above - According to liberal theory of development origin of all value was: _______?
A. Land
B. Labour
C. Capital
D. Mineral wealth
E. Natural resources
