Question Detail

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

Question

Which characteristic of political economy as a discipline specifically recognizes the inevitability of change and transformation leading to new systems of economic and social organisation?
Options
A First, it recognises the primacy of the economy.
B Second, it recognises the necessity for continuous expansion of productive forces.
C Third, the Marxist variant of political economy particularly recognizes the inevitability of change and transformation.
Correct Answer
D Fourth, political economy takes a comprehensive view of phenomena.
Correct Answer

Option C is the correct answer.

Detailed Explanation

The text explicitly states: 'Third, the Marxist variant of political economy particularly recognizes the inevitability of change and transformation which lead to successive emergence of new and better systems of economic and social organisation.'

Hint

Look for the numbered points describing Political Economy as a discipline and specifically for the one mentioning 'change and transformation'.

Question Info