Question : The concept of "class struggle" in class-based movements is primarily associated with the ideas of:
Option 1: Adam Smith
Option 2: Karl Marx
Option 3: John Maynard Keynes
Option 4: Max Weber
Correct Answer: Karl Marx
Solution : The concept of "class struggle" is primarily associated with the ideas of Karl Marx, who argued that history is marked by conflicts between classes, with the working class eventually overthrowing the capitalist class to create a classless society.
Question : The concept of elasticity was first introduced by:
Option 1: Adam Smith.
Option 2: Karl Marx.
Option 3: Alfred Marshall.
Option 4: John Maynard Keynes.
Question : The concept of "human capital" was first introduced by:
Option 2: John Maynard Keynes
Option 3: Amartya Sen
Option 4: Gary Becker
Question : The concept of price elasticity of demand was introduced by:
Option 1: Alfred Marshall
Option 3: Adam Smith
Option 4: William Stanley Jevons
Question : Who is called the "Father of Economics"?
Option 1: Max Muller
Option 4: Alfred Marshall
Question : Who said, "Economics is the Science of Wealth"?
Option 1: Lionel Charles Robbins
Option 2: J. S. Mill
Option 4: John Maynard Keynes
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