A. T.S. Colesman
B. G.A. Almond
C. Karl Marx
D. Schumpeter
E. Edward A Shills
Related Mcqs:
- The Entrepreneur theory of development holds that: _________________?
A. Talented type of individuals play an important role in development
B. Rich capitalists play an important role in development
C. Rich people with the help of some enterprising persons contribute to development
D. None of the above - Whose name is not associated with the liberal theory of development:
A. Adam Smith
B. Ricardo
C. Karl Marx
D. Malthus - Which one of the following writer was not associated with the classical theory of development?
A. Adam Smith
B. Ricardo
C. Malthus
D. Marshall - Theory of Economic Maturity regarding development is associated with: ____________?
A. Schumpeter
B. Keynes
C. Alvin Hansen
D. All the above - 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 - 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 - The labour theory of value which formed one of the feature of theory of development offered by Racardo was: ____________?
A. His original idea
B. Borrowed from Adam Smith
C. Borrowed from Marx
D. None of the above - Those who view development not in purely economic terms but in socio cultural matrix attribute the development to: __________?
A. The form of government
B. The legal system
C. Standards of education and health
D. All the above - In his theory of development Schumpeter has laid stress on: __________?
A. Leadership
B. Ownership
C. Capital formation
D. Accumulated capital
E. None of these - The chief defect of the neo-Classical theory of development is: __________?
A. It attaches too much importance to factors like political stability and attitude of the people
B. It completely ignores factors like political stability and attitudes of people
C. It refused to consider development as a gradual and continuous process
D. It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital
