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
Related Mcqs:
- Which one of the following criticism levelled against the classical theory of development is not correct?
A. It underestimated the possibility of technological progress
B. It failed to adequately analyze the problem of maintaining aggregate demand
C. It attached too much importance to the role of technology in development
D. None of the above - Which one of the following is not a valid criticism against compulsory voting?
A. It aims at forcing disinterested people to vote
B. It will reduce the importance of vote
C. It may result in the election of non-deserving persons
D. Voting cannot be a matter of compulsion
E. Vote cannot be national trust to be exercised by all compulsorily - Which one of the following is not a valid criticism against liberal philosophy?
A. It is a fluid philosophy
B. Its thinkers have divergent views
C. It is essentially a capitalist philosopy
D. It is basically philosophy of working classes
E. It wants changes through peaceful means which is not possible - Which one of the following is not a valid criticism against Pitt’s India Act?
A. Board of Control’s effective control was remote
B. It resulted in weak administration
C. Directors of Company remained still unpaid
D. It loaded Board of Control with heavy responsibilities
E. None of the above - “If political leadership fails to emerge, there is likelihood of military taking over power in developing countries. Radical student groups or labour may try to raise revolution but they are not likely to compete with the military. Military intervention, rule and withdrawal from politics is clearly related to a society’s level of political development.” In the context of Political Development the assumption in the above passage is that:
A. Political leadership is not an effective instrument
B. Military intervention is inevitable for development
C. National integration results from military intervention
D. Military is an agent of social change - Which one of the following is not a valid criticism?
A. This approach is too narrow
B. This approach is too wide
C. It fails to appreciate the importance of political stability
D. It fails to appreciate the importance of attitude of people in development processes - Which one of the following is not true criticism against Marxian theory of development?
A. It is wrong that capitalist keeps some workers permanently unemployed
B. Marx analysis of theory of wages is inadequate
C. Marx has rightly pin-pointed the effects of technological unemployment
D. None of the above - 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 - The Principles of Political Economy and Taxation (1817) which deals with the classical theory of development was written by: _________?
A. Ricardo
B. Adam Smith
C. J.S. Mill
D. Malthus - 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
