CSS :: Development Theories and Under Development
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91. |
Schumpeter held that significant advances in national production occur by disharmonious leaps and spurts. This idea was: |
A. |
His original contribution |
B. |
Borrowed by him from Marx |
C. |
Borrowed by Schumpeter from neo-classical thinkers |
D. |
None of the above |
Answer: Option B
Explanation:
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92. |
The Entrepreneur theory of development holds that: |
A. |
Talented type of individuals play an important role in development |
B. |
Rich capitalists play an important role in development |
C. |
Rich people with the help of some enterprising persons contribute to development |
D. |
None of the above |
Answer: Option A
Explanation:
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93. |
According to Schumpeter the entrepreneurs contribute to development by: |
A. |
Quickly catering to the tastes of the consumers |
B. |
Bringing about changes in the tastes of consumers |
C. |
Providing the existing goods at the lowest price |
D. |
All the above actions |
Answer: Option B
Explanation:
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94. |
The entrepreneurs undertake new development activities : |
A. |
By investing their savings |
B. |
By roping in rich capitalists |
C. |
By securing credit from the banks |
D. |
By securing grants from the government |
Answer: Option C
Explanation:
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95. |
Which one of the following has been wrongly listed as a defect of Schumpeter's theory? |
A. |
He wrongly asserts that capitalism is crumbling and socialism is likely to replace it |
B. |
His theory is defective in so far as it tries to present the spirit of enterprise as a phenomenon common to all social organisations |
C. |
His assumption that all innovations are financed by borrowings is not correct because banks generally provide only short-term loans |
D. |
None of the above |
Answer: Option D
Explanation:
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96. |
Theory of Economic Maturity regarding development is associated with: |
A. |
Schumpeter |
B. |
Keynes |
C. |
Alvin Hansen |
D. |
All the above |
Answer: Option C
Explanation:
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97. |
The Theory of Economic Maturity carried froward the ideas worked in The General Theory of Employment, Interest and Money by: |
A. |
Adam Smith |
B. |
Keynes |
C. |
Ricrodo |
D. |
Marshall |
Answer: Option D
Explanation:
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98. |
Hansen used the theory of Economic Maturity to examine the problems arising: |
A. |
In the wake of World War I |
B. |
In the wake of World War II |
C. |
In the wake of economic crisis of thrties |
D. |
In the sixties |
Answer: Option C
Explanation:
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99. |
Hansen argued that as compared to the nineteenth century the development at present suffered from two limitations viz: |
A. |
Shifting frontiers and growing population |
B. |
Decline in purchasing capacity and growing unemployment |
C. |
Technological changes and presence of large labour force |
D. |
Growing population and prevailing unemployment |
Answer: Option A
Explanation:
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100. |
Who expressed the opinion that "he developed countries were never underdeveloped through they may have been underdeveloped? |
A. |
Marx |
B. |
A.C. Frank |
C. |
Lenin |
D. |
None of the above |
Answer: Option B
Explanation:
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