MCQs: The essential difference between capitalism and socialism is that ?
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MCQs: What is Baran’s explanation for underdevelopment in Asia, Africa, and Latin America ?
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MCQs: OECD stands for ?
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MCQs: For Rosentein Rodan a major indivisibility is in ?
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MCQs: The Vicious circle theory indicates that ?
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MCQs: Feudalism was undercut by?
I- the migration of serfs to the town
II- factory competition with handicraft and manorial production
III- expanded transport trade, discovery and new international markets
IV- the rise of the business corporation
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MCQs: Adam Smith advocated ?
I- laissez faire
II- the invisible hand
III- free trade policy
IV- competitive markets
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MCQs: A theory ?
I- is a systematic explanation of relationships between economic variables
II- explains causal relationships among variables
III- provides a basis for policy
IV- provides an explanation of all factors influencing economic growth.
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MCQs: The Harrod Domar growth model suggests that growth is ?
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MCQs: Baran’s Neo-Marxist thesis has been criticized for ignoring the probability that power is frequently ?
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MCQs: Criticisms of Rostow’s stages of development include ?
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MCQs: The Ultimate effect of the invisible hand of Adam Smith is that in a competitive economy everyone ?
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MCQs: The Lawis model explains how growth gets started in a less developed economy ?
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MCQs: A major dependency theorist Andre Gunder Frank Suggests that the following economic activities have contributed to underdevelopment:
I- Workers migrating from villages to foreign-dominated urban complexes
II- Forming an unskilled labor force to work in factories and mines and on plantations
III- Replacing indigenous enterprises with technologically more advanced global subsidiary companies
IV- Closing the economy to trade with and investment from, developed countries
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MCQs: The synchronized application of capital to a wide range of different industries is called __________ by its advocates?
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MCQs: Rostow’s economics stages are ?
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MCQs: Karl Marx’s historical materialism views were shaped by all of the following EXCEPT ?
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MCQs: Which of the following was not a classical economist ?
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MCQs: During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?
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MCQs: Surplus labor theories assume that ?
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