A. John Locke
B. Adam Smith
C. Karl Marx
D. Lenin
Related Mcqs:
- The Labour theory of property implies that:
A. The property is created by the combination of capital and labour
B. The capital is the major factor for the determination of the property
C. The property is acquired through the application of labour
D. None of the above - The labour theory of property holds that:
A. Property should belong to labours alone
B. Property was created as result of mixing of labour
C. Property should be equitably distributed amongst the lobourers
D. A person who does not put in Physical labour should not be give anything to eat - The Labour theory of property made its appearance in:__________?
A. The ancient times
B. The medieval age
C. The modern time
D. The 20th century - Who of the followings first of all advocated ‘communism of property’.
A. Plato
B. Marx
C. Engels
D. Proudhon - Which of the following thinkers advocated the abolition of private property?
A. Locke
B. Green
C. Mill
D. Rousseau
E. Karl Marx - First time Labour Party formed government in 1924 at that time the Leader of the Labour Party was:_____________?
A. Ramsay Mcdonld
B. Earl of Derby
C. J.H. Wilson
D. None of them - 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 - According to the ‘occupational theory of property’ the property made its appearance only:
A. With the emergence of various occupations
B. With the growth of capitalist economy
C. After man occupied a piece of land for his exclusive use
D. With the dawn of the industrial age - Locke advocated his theory in:_____________?
A. The sixteenth century
B. The seventeenth century
C. Twelfth century
D. The eighteenth century - The Marxist Theory has advocated:
A. Capitalism
B. Communism
C. Feudalism
D. Communalism
