Development Theories and Under Development

A.Neo-classical theory of development
B.Narxian theory of development
C.Theory of entrepreneur
D.None of the above theories

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

A.Marxian writers
B.Classical writers
C.Neo-classical writers
D.All the three

A.All the major income groups
B.Only the capitalists
C.Only the workers
D.None of the above

A.Development is a gradual and continuous process
B.The process of development has harmonious and cumulative nature
C.They are quite optimistic about the possibilities of continued economic progress
D.None of the above

A.Neo-classical thinkers were against existing privileges
B.Neo-classical thinkers justified the existing social order
C.Neo-classical thinkers revolutionaries
D.None of the above

A.Reiterated their faith in the people that wages are determined by supply and demand
B.Asserted that the wages are determined by the productivity of the last worker employed
C.Asserted that the wages of workers had consistently increased
D.None of the above

A.Due to technological and resource discoveries of the nineteenth century
B.Deu to fast deteriorating condition of the workers in Europe
C.Due to fear of revolution created by the preaching’s Marx
D.Due to all the above reasons

A.The English classical school
B.The German historical school
C.By both the above schools
D.By none of the above two schools

A.Class-struggle
B.Theory of surplus value
C.Centralisation of capital
D.None of the above