Question Detail

GST 112 Study Session 9: Political Economy and Culture of Underdevelopment In Nigeria Objective Question

Question

Political Economy as a discipline or method of inquiry recognizes:
Options
A the gross capital expenditures as the basis for development.
B the primacy of the economy and material production as the foundation of society.
Correct Answer
C the monopolization of means of production in the hand of the lower class.
D the exploitation of group by another powerful group.
Correct Answer

Option B is the correct answer.

Detailed Explanation

One of the key recognitions of Political Economy as a discipline is 'the primacy of the economy and material production as the foundation of society.'

Hint

Recall the first key recognition of Political Economy as a discipline.

Question Info