A. He supported the idea of division of labour
B. He laid stress on level of productivity
C. He stressed that division of labour did not depend on the size of the market
D. He laid stress on the accumulation of capital
Related Mcqs:
- 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 - Which of the following is not true about Kant’s views about private property?
A. It was essential for every individual
B. It was natural right of man
C. It was socially accepted right
D. All property was owned by the sovereign - Which one of the following is true about John of Paris views about private property?
A. King had no right to regulate property
B. Church should possess maximum property
C. King should respect the sentiments of the owners
D. Pope was the owner and not custodian of property - Which one of the following is true about Liberals views about private property?
A. Individual should have no right to own it
B. State has right to confiscate it without payment of compensation
C. It should be under state control
D. State should pay compensation for its acquisition
E. It should altogether be abolished - Which of the following is not true about Syndicalists views about private property?
A. It will be managed by syndicates
B. Syndicates shall be its owners
C. It will be owned by the society
D. Society will decide about means of production
E. Elected representatives should protect private property - Which one of the following is true about Aristotle’s views about property?
A. It should be possessed by all
B. It should be under religious control
C. It should be managed by the king
D. There should be communism of property - Which one of the following is true about Aristotle’s views about justice?
A. It should promote religion
B. It should be available to the rich
C. It was what philosopher king thought was just
D. It should be available both to the citizens and the slaves
E. It consisted in observing rules of equality - Which one of the following is true about socialist views about liberty?
A. It means doing what one wants to do
B. It means obeying the orders of the state
C. It means obeying the commands of the Pope
D. It means development of all the powers latent in a man - Which one of the following is not true about Locke’s political views?
A. He supported constitutional government
B. He wanted limitations on state sovereignty
C. He wanted limited rights for the individuals
D. He considered individual prior to state
