Human Development
Which one of the following criticism levelled against the classical theory of development is not correct?
It underestimated the possibility of technological progress
It failed to adequately analyze the problem of maintaining aggregate demand
It attached too much importance to the role of technology in development
None of the above
It attached too much importance to the role of technology in development
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Max Weber has linked political development with:A. Industrialisation
B. Economy of society
C. Social conditions
D. Administrative development
According to Marx capital accumulation depended on:
A. Surplus valuation
B. Increasing population
C. Industrialisation
D. International trade
Marx has explained his theory or development with the help of:
A. Theory of surplus value
B. Dialectical materialism
C. Class struggle
D. Proletariat revolution
According to Ricardo rent:
A. Increased when low quality land was used
B. Increased when high quality land was used
C. When status quo was maintained about land
D. None of the above
About underdevelopment it has been said that capitalism:
A. Is always opposed to it
B. It seldom opposed to it
C. Helps maintaining status quo
D. At times it helps in development but at times not
The classical economicts opposed government interference because:
A. It keeps prices of food high by levying high tariffs
B. It subsidized the poor
C. It encouraged overpopulation
D. On account of all the above reasons
In his theory about development Marx Schumpeter was influenced by:
A. Neo-Classists
B. Classists
C. Karl Marx
D. Alvin Hansen
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