A. Capital investment in production
B. Land and capital needed in production
C. Labour of the labourers put in it
D. Extent to which society created its value
Related Mcqs:
- According to Marx capital accumulation depended on: ___________?
A. Surplus valuation
B. Increasing population
C. Industrialisation
D. International trade - According to Marx value of the commodity would be fixed in accordance with:
A. Capital in vested in it
B. Machinery used for production
C. The extent of its dependence on the foreign market
D. The extent of its demand in the foreign market
E. The socially useful labour put in it - The difference between the value of commodity produced by a labourer and the wages received, by him is known as
A. Property
B. Surplus value
C. Capital
D. Savings - The Fabians were of the view that the value of a commidity:
A. Was decided by the labour involved
B. Was determined by capital invested
C. Was decided by socially useful labour put in that
D. Was decided by the society - According to Fabians means of production and distribution should be: ________?
A. At the disposal of guilds
B. At the disposal of those who can control them
C. Left to the care of the elite of the society
D. Controlled by the community - According to Fabians in the present society for every change:
A. Economic factor was the sole consideration
B. Political factor was only weighty
C. Religion alone counted very much
D. All factors combined together weighed - According to Fabians private property should:
A. Remain in the hands of capitalists
B. Remain with the churches
C. Remain with the sovereign
D. Be transferred from individual to society - Unearned increments in values according to Fabians were due to:
A. Ever increasing population
B. Changing fashion
C. Increased demands by the capitalists
D. Non-availability of technical labour
E. Shortage in transportation from one to the other place - The profit, according to Fabians, should be:
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 - According to Fabians existing struggle is between the:
A. The rich and the poor
B. The employers and employees
C. The poor and middle classes
D. Community and the capitalists
