Human Development

An economic theory

A political theory

A socio-economic theory

A blend of socio-economic and political factors

When the market demand is sufficiently large

When the market is small

When the market is neither too small nor too large

Urder all types of markets

Increase in national income from one year to another

Increase in real per capita income over an extended period of time

Increase in real investment over a period of time

The national income should keep pace with the increase in population

It should be linked with industrialisation

It should be linked with level of absolute power

It should be linked with political stability

It should be linked with bureaucracy

Adam Smith

Malthus

Ricardo

None of the above

Capital formation

Decentralisation of power

Trade unionism

Technological advancement

Extent of political mobilisation

Extent of political participation

Nature of laws passed by the state

Nature of political processes

Should be destroyed

Should be preserved

Should be modified to certain extent

Was not conducive for the utilisation of existing resources

Social product was the outcome of labour utilised

Level of wages could be arbitrarily fixed

Level of wages could not be changed by labour unions

Level of wages could not be changed by the Government

Equality

Capacity

Differentiation

Population