Who looked upon economic development as a race between capital accumulation and population growth?

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

Schumpeter is associated with: _____________?

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

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

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

Theory of Economic Maturity regarding development is associated with: ____________?

A. Schumpeter
B. Keynes
C. Alvin hansen
D. All the above

The classical economicts opposed government interference because:

A. it keeps prices of food high by levying high tariffs
B. it subsidized the poor
C. it encouraged overpopulation
D. it appropriated a part of purposes

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

According to Ricardo the key role in economic development is played by: __________?

A. The labourers
B. The landlords
C. The capitalists
D. The scientists

The most elaborate exposition of classical theory of development was offered by: ________?

A. Adam smith
B. Ricardo
C. J.s. mill
D. Malthus

Which one of the following is not a valid criticism?

A. This approach is too narrow
B. This approach is too wide
C. It fails to appreciate the importance of political stability
D. It fails to appreciate the importance of attitude of people in development processes