A. All the major income groups
B. Only the capitalists
C. Only the workers
D. None of the above
Related Mcqs:
- Which one of the following group of writers looked upon economic development as a race betwwen capital and accumulation growth:
A. Marxists
B. Classical writers
C. Neo-classical writers
D. All the above - 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 of the following believed that political development should be linked with political development in international field?
A. J.S. Coleman
B. G.A. Almond
C. Edward A. Shills
D. Karl Deutsch
E. M.F. Milikan - Classical Liberals believed that:
A. Men should be governed by men
B. Men should be governed by law
C. Men should be governed by the system of administrative law
D. There should be no rule of law - Classical Liberals believed in fiscal liberty for the:
A. Rich
B. Poor
C. Land owners
D. Middle classes - 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 - Which one of the following is not valid criticism against classical theorists of political development?
A. They underestimated technological progress
B. They failed to analyse problems of aggregate demands
C. They overestimated technological progress
D. They wrongly assumed that per capita income rests diminishing returns
E. None of the above - The neo-classical thinkers about development believe that existing social order:
A. Should be destroyed
B. Should be preserved
C. Should be modified to certain extent
D. Was not conducive for the utilisation of existing resources - The classical thinkers envisaged development:
A. With the assistance of the government
B. Without interference by the government
C. Under the guidance of the government
D. Though the combination of all the above methods - The chief defect of the neo-Classical theory of development is: __________?
A. It attaches too much importance to factors like political stability and attitude of the people
B. It completely ignores factors like political stability and attitudes of people
C. It refused to consider development as a gradual and continuous process
D. It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital
