Political Science MCQs

4081 MCQs  (Page 202 of 409)

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
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
According to Adam Smith the wage rtes fall to the subsistence level:
A. Under stationary conditions
B. During periods of capital accumulation
C. Under both the above stated conditions
D. Under none of the above stated conditions
The classical thinkers envisaged development:
A. With the assistance of the government
B. Without interference by the government
C. Under the guidance of the government
D. Though the combination of all the above methods