A. Was decided by the labour involved
B. Was determined by capital invested
C. Was decided by socially useful labour put in that
D. Was decided by the society
Related Mcqs:
- According to Fabians the value of a commodity always depended on:
A. Capital investment in production
B. Land and capital needed in production
C. Labour of the labourers put in it
D. Extent to which society created its value - The Fabians believed that capital should be: ___________?
A. Allowed to remain where it is
B. Allowed to concentrate in few hands
C. Transferred to society as a whole
D. Distributed among the poor
E. None of the above is true - The Fabians wish to bring changes in society by:_________?
A. Revolutionary means
B. Democratic means
C. Both revolutionary and democratic means
D. Abolishing the state - Fabians believed that for social welfare it was essential that means of production should be in the hands of:
A. Consumers
B. Producers
C. Capitalists
D. Workers
E. Society as a whole - The Fabians believe that changes can come in the society:
A. With the help of parliamentary institutions
B. With violent revolution
C. When capitalists will end
D. When new proletariat dominant society will come into being
E. When whole present economic system will be dislocated - Unearned increments in values according to Fabians were due to:
A. Ever increasing population
B. Changing fashion
C. Increased demands by the capitalists
D. Non-availability of technical labour
E. Shortage in transportation from one to the other place - According to Fabians existing struggle is between the:
A. The rich and the poor
B. The employers and employees
C. The poor and middle classes
D. Community and the capitalists - In their philosophy the Fabians have laid maximum stress on:
A. Working classes
B. Middle classes
C. Bureaucracy
D. Political elite - One of the main contribution of Fabians to socialist philosophy is that:
A. They gave new ideas about private property
B. Original views about religion
C. Concrete proposals about use of profits
D. Turned socialist doctrines from rigidity of flexibility - One contribution of Fabians, as compared with Marxists is: __________?
A. That they narrowed down the scope of state activity
B. They made philosophy broad based
C. They openly criticised state
D. They championed the cause of private property
