A. Neo-classical theory of development
B. Narxian theory of development
C. Theory of entrepreneur
D. None of the above theories
Related Mcqs:
- 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 - In schumpeter’s theory of development maximum stress has been laid on: _________?
A. Capital
B. Interest
C. Land
D. Industrialisation
E. Entrepreneurship - Schumpeter held that significant advances in national production occur by disharmonious leaps and spurts. This idea was:
A. His original contribution
B. Borrowed by him from Marx
C. Borrowed by Schumpeter from neo-classical thinkers
D. None of the above - According to Schumpeter the entrepreneurs contribute to development by: ____________?
A. Quickly catering to the tastes of the consumers
B. Bringing about changes in the tastes of consumers
C. Providing the existing goods at the lowest price
D. All the above actions - Which one of the following has been wrongly listed as a defect of Schumpeter’s theory?
A. He wrongly asserts that capitalism is crumbling and socialism is likely to replace it
B. His theory is defective in so far as it tries to present the spirit of enterprise as a phenomenon common to all social organisations
C. His assumption that all innovations are financed by borrowings is not correct because banks generally provide only short-term loans
D. None of the above - The term ‘City State’ is generally associated with:_____________?
A. Ancient Egypt
B. Ancient Greece
C. Ancient China
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 - Theory of Economic Maturity regarding development is associated with: ____________?
A. Schumpeter
B. Keynes
C. Alvin Hansen
D. All the above - J.S. Colesman’s name is associated with one of the following about political development:
A. It should be linked with industrialisation
B. It should be linked with level of absolute power
C. It should be linked with political stability
D. It should be linked with bureaucracy
E. It should be linked with legal system
