A. Labour
B. Land
C. Capital
D. Combination of all the above factors
Related Mcqs:
- 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 - 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 - Marx’s theory of surplus value holds that:
A. Labour must be paid minimum wages irrespective of the quantum of goods produced and the profit be passed on to the state
B. The labourers be paid fixed salary and all the profits earned should be used for social good
C. There is difference between what a labourer produces and what he is paid. This difference is known as surplus value and is pocketed by the capitalists.
D. None of the above - According to Marx a revolution in the Capitalist society takes place:
A. Due to foreign interference
B. Due to increasing importance of political elites
C. Due to growing antagonism between the haves and have-notes
D. Because of dissatisfaction of the educated people with the system - According to Marx:
A. Matter is more important than spirit
B. Spirit is more important than matter
C. Spirit and matter are equally important
D. None of the above - According of Marx the society broadly consists of:
A. Two classes
B. A number of classes arranged in hierarchical order
C. Only one class
D. Four classes - According to Marx state is: ___________?
A. A divine institution
B. A positive good
C. A necessary evil
D. An instrument of exploitation - According to Marx, history is the product of:
A. Material forces
B. Religious forces
C. Political forces
D. Combination of material, religious and political forces - According to Marx the dictatorship to proletariat, which will follow the overthrow of capitalism will:
A. Conduct free and fair elections to elect its own rulers
B. Stamp out the counter revolutionaries and capitalists
C. Protect the capitalists from the wrath of the workers
D. Give complete freedom in the economic sphere - According to Marx:
A. Religion exercises a moralising effect on the people
B. Religion is the opium of people
C. Religion provides a sense of contentment
D. Religion creates tension amongst various sections of society
