Question Detail

GST 112 GST 112 Test Compilations 8 Objective Question
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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 gross capital expenditures as the basis for development
C The exploitation of one group by another powerful group
D The monopolization of means of production in the hands of the lower class
Correct Answer

Option A is the correct answer.

Detailed Explanation

Political Economy is an academic discipline that studies the interrelationships between individuals, society, and markets. It fundamentally recognizes the central role of economic activity and material production in shaping social structures and political power.

Hint

Think about the core focus of 'Political Economy' as a field of study, particularly its emphasis on the relationship between power and wealth.

Question Info

Course: GST 112
Topic: GST 112 Test Compilations 8
Type: Objective
Difficulty: Not specified
Question 1044 of 1270
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