Question Detail

GST 112 GST 112 Test Compilations 6 Objective Question

Question

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

Option A is the correct answer.

Detailed Explanation

Study Session 9 states that political economy recognizes the primacy of the economy and material production as the foundation of society.

Hint

The text explicitly states the primary recognition of political economy.

Question Info