A. Land
B. Rent
C. Value
D. Capital
E. Population
Related Mcqs:
- Ricardo built his theory round:
A. Value
B. Capital
C. Wages
D. Natural resources - 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 Malthus high wages:
A. Promote fast growth of population
B. Retard fast growth of population
C. Help maintaining status quo in population growth
D. Discourage growth rate of population - Which one of the following is not true about Malthus?
A. Population tended to come down when wages increased
B. Wages go high when land-population ratio is favourable
C. Profits are high when land-population ratio is favourable
D. Profit go high when rate of accumulation is large - 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 - 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 - In his theory about development Marx Schumpeter was influenced by: ___________?
A. Neo-Classists
B. Classists
C. Karl Marx
D. Alvin Hansen - In his theory of development Schumpeter has laid stress on: __________?
A. Leadership
B. Ownership
C. Capital formation
D. Accumulated capital
E. None of these - F.W. Riggs in his theory political development has laid stress on:
A. Industrialisation
B. Political modernisation
C. Political participation
D. Political democracy
E. Political stability - Marx has explained his theory or development with the help of: __________?
A. Theory of surplus value
B. Dialectical materialism
C. Class struggle
D. Proletariat revolution
E. Classless society
