According to Marx capital accumulation depended on: ___________?

Related Mcqs:

1. The capital accumulation which according to Marx, contributes to development is rendered possible by:

   A. Technological improvement
   B. Reduction of wages
   C. Increase in working hours
   D. None of the above

2. According to Marx most dependable method for capital accumulation was: __________?

   A. Technological development
   B. Increased international trade
   C. Decreased international trade
   D. Payment of less wages to workers
   E. Denial of facilities to the workers

3. According to Fabians the value of a commodity always depended on:

   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

4. Who looked upon economic development as a race between capital accumulation and population growth?

   A. Marxian writers
   B. Classical writers
   C. Neo-classical writers
   D. All the three

5. Which one of the following group of writers looked upon economic development as a race betwwen capital and accumulation growth:

   A. Marxists
   B. Classical writers
   C. Neo-classical writers
   D. All the above

6. According to Marx state is: ___________?

   A. A divine institution
   B. A positive good
   C. A necessary evil
   D. An instrument of exploitation

7. According to Karl Marx Surplus value can be earned by several ways. Which one of the following is not included in that?

   A. By reducing the wages rates
   B. By increasing working hours
   C. By resorting to technological advancement
   D. By using labour saving devices
   E. By eliminating workers from the market

8. One of the chief functions of the proletarian state according to Marx is:_________?

   A. To bring about revolution for the overthrow of capitalist system
   B. To promote Marxian ideology by regulation of education, art, culture, etc.
   C. To impart compulsory military training to all able-bodied persons
   D. To improve the health of the people

9. According to Marx the state promotes:

   A. Common good
   B. Good of the poor people
   C. And defends the interests propertied classes
   D. Conditions which are conducive to man’s moral development

10. According to Karl Marx under the dictatorship of the proletariat means of production will be used for:

    A. The benefit of producers
    B. Social good
    C. The benefit of consumers
    D. The welfare of the working labourers