A. Providing labour force
B. Consuming the products
C. Neither of the above
D. Providing labour force as well as consuming products
Related Mcqs:
- 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 - According to Adam Smith the division of labour contributes to development because:
A. It leads to an increase in dexterity among workers
B. It leads to reduction in production time
C. It leads to invention of better machines and equipment
D. All the above factors - According to Adam Smith the division of labour contributes to development:
A. When the market demand is sufficiently large
B. When the market is small
C. When the market is neither too small nor too large
D. Urder all types of markets - According to Laski ‘private property’ contributes to:__________?
A. The prosperity of the society
B. The development of society
C. The weakening of society
D. None of the above - Who said that ‘proportional representation system contributes to the aggravation of successful sectionalism’?
A. Getten
B. Finer
C. Leacock
D. Gilchrist
E. Ebstein - The Marxists believe that capitalism of Hegel contributes to its own destruction:
A. By paying lowest wages to workers and reducing their purchasing capacity
B. Nby not permitting the workers any
C. By bringing more people from lower classes in its own ranks
D. By large scale production and making the working classes economically - 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 - 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 - Which one of the following classical thinkers based the development theory on the prinicple of population?
A. Malthus
B. Adam Smith
C. J.S Mill
D. All 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