PPSC Economics Chapter 8 Development Economics With Answers

PPSC Economics Chapter 8 Development Economics

Sr. # Questions Answers Choice
1 The fall in the birth ratio will affect the process of economic growth according to Schumpeter A.H.Nansen Karl Marix M.P. Todaro
2 According to the .A.H Hasen the capitalistic economy is basically characterized with Instability Stability Inefficiency Efficiency
3 The Schumpeterian growth model is based upon Inveslors Capital formation entrepreneurs all of these
4 the relation of productivity and income is discussed by Nurkse in. Vicious circle of poverty balance growth theory Unbalance growth theory Big push theory
5 Economic development in UDCs is not possible without. Foreign aid Capital formation Natural resources Domestic saving
6 Theories of surplus labor describe that In UDCs unemployment rate is high The margin productivity labor is near to zero Overpopulation is much more in UDCs DCs have less uemployment
7 The economic growth model of Ricardo based on. Capital formation Diminishing retune Capital output ratio None of these
8 Division of labor is made according to the size of market is the view of M.P.Todaro Leibstein Rostow <div>Adam smith</div>
9 Due to indivisibilities in demand and infrastructure economic development can be achieved. Balance growth according to its advocates Unbalanced growth according to its advocates Big pus None of these
10 Adam smith includes in the model of economic growth following factors of production. Labor only Capital only Labor and capital Labor capital and land
11 The concept of unbaled growth and balance growth are. Unlimited value Single value Limited value Short value
12 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a. Social phenomenon Cultural phenomenon Uneconomic phenomenon Economic phenomenon
13 According to the balances growth theory UDCs can be developed by foreign aid UDCs can be developed by national saving UDCs have to start from beginning DCS are responsible for the development of UDCs
14 For the economic growth of country following is required. Capital formation Human resources Natural resources All of these
15 The theory of Ruler -urben migraines presented by. W.W. Roslow M.P.Todaro Simon Kuznets Nukse
16 In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called. Dualism Under employment Under estimation of resources None of these
17 Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of. Fei Rani M.PP. Todaro Lewis Leibstein
18 If for the output of worth 1 million the stock of capital worth 4 million is required this will be. capital profit ratio Output profit ration Capital output ratio Capital input ratio
19 W.W. Rostow considered that the economic development period consist of. Two stages Three stages Four stages Five stages
20 Economic development can be achieve through stages, is the theory of. Rosenstein Rodan Leibstein W.W. Rostow M.P. Todaro
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