FBQ1: The study of production and trade and their relations with law, customs and government and distribution of wealth and income is reffered to as ________________ Answer: Political economy FBQ2: The apparent clash of ideologies has led to the evolution of a truly scientific basis for political economy through the works of such scholars like Marx, Engel and ____________ Answer: Lenin FBQ3: The classical approach to political economy argues against the utility of restriction in __? Answer: International Trade FBQ4: Scholars of Marxian orientation conceive the classical orientation to political economy as __? Answer: vulgar FBQ5: The main proponent of the Marxian approach is __? Answer: Karl Marx FBQ6: The ___interpretation of history places emphasis on social classes, productive forces and the social relationship of production Answer: Marxian FBQ7: The Neo-Classical Political Economy gained prominence with the writings of ___? Answer: John Keynes FBQ8: Scholars of the Neo-Classical Political Economy were predominantly influenced by the economic crisis of the pre-war period and were determined to avoid the economic chaos and competitive devaluations that had occurred during the ___? Answer: Great Depression FBQ9: Political economy seeks to explain the causes of the asymmetrical relations between developed and developing nations in the international division of labour and____________ Answer: Exchange FBQ10: The mode of production is also called ___ or __ in the Marxian dialectics? Answer: Epoch FBQ11: The___ forces are the more mobile component of the mode of production Answer: productive FBQ12: Classical political economy has otherwise been referred to as ___________political economy because of its emphasis on free enterprise. Answer: Laissez faire FBQ13: The basis of socialist society is__? Answer: non-antagonistic FBQ14: __ constitutes the decisive factor of the production process? Answer: labour FBQ15: The Means of labour and objects of labour together constitutes __ Answer: Means of production FBQ16: The centerpiece of Marx work is an incisive analysis of the strengths and weaknesses of __________ Answer: Capitalism FBQ17: The owners of the means of production in a capitalist society are reffered as the ___________ Answer: bourgeoisie FBQ18: The difference between what the proletariat produces and what he actually takes home in the form of his wage is known as __? Answer: Surplus Value FBQ19: The value that, through the exploitation of wage workers, begets surplus value is known as __? Answer: Capital FBQ20: The chief productive force of society is __? Answer: working class FBQ22: The antagonistic competition between the opposing classes in any epoch implies __? Answer: Class struggle FBQ23: The class struggle in the feudal era was between __ and serfs Answer: Lords FBQ24: The Marxian approach is consistent with socialist worldview, which accommodates extensive intervention Answer: State FBQ25: For Karl Marx, _____major conditions are required for capitalism to emerge? Answer: Two FBQ26: The first socio-economic formation was the primitive communal system Answer: Communal FBQ27: For Marx, the history of all hitherto existing societies is the history of __ Answer: Class struggle FBQ28: Marx notion of historical materialism presupposes that there exist __ levels of relationship in the process of production Answer: Two FBQ29: Man’s first tools were a roughly cut stone and _________ Answer: Stick FBQ30: Marx identified ___ major historical epochs in the evolution of society? Answer: Five FBQ31: The first socio-economic formation was the _________ Answer: primitive communal system FBQ31: The basis of the relations of production in the clans was through __? Answer: collective ownership FBQ32: Under the ideal primitive communal mode of production, the primary cells of society were __________ Answer: kindred groups FBQ33: ____dominated the political structure of the medieval era? Answer: Feudalism FBQ34: ____dominated the political structure in the Greeko-Roman era? Answer: City-states FBQ35: Paul Baran is unarguably one of the foremost scholars who sought to explain the phenomenon of. Answer: Dependence FBQ36: Member of the lowest feudal class, attached to the land owned by a lord and required to perform labor in return for certain legal rights are known as __ Answer: Serfs FBQ37: Under feudalism, an individual became servants first to the __? Answer: Lord FBQ38: Historically, the peasants produced what was needed for the subsistence of his _____ Answer: Family FBQ39: The exploitation of the peasant serfs in the form of __constituted the main feature of feudalism Answer: land rent FBQ40: The entire history of feudalism was one of fierce struggle between __ and peasants Answer: Feudal lords FBQ41: The ___mode of production emerged during the last stage of feudalism Answer: capitalist FBQ42: Marx had always been optimistic that capitalism must inevitably give way to the new society which he referred to as __? Answer: Socialism FBQ43: Actual economic surplus is the difference between society’s actual current output and its actual current Answer: Consumption FBQ44: In its evolution, the communist society passes through two stages in its development; the first called ___ Answer: Socialism FBQ45: One fundamental assumption intrinsic in Amin thesis on unequal development is that imperialism is compelled to spread capitalism on the ____________ arena. Answer: Global FBQ46: In his book, Imperialism: The Highest Stage of Capitalism, _______________described imperialism as the monopoly stage of capitalism. Answer: Lenin FBQ47: The ___________theory seeks to identify differences on how societies designated as modernised or relatively modernising societies differ from one another? Answer: Modernisation FBQ48: Colonialism implies foreign political domination and ____________ of oversea territories for effective economic exploitation. Answer: Subordination FBQ49: Colonial rule in Africa was an act of political expropriation made possible by the use of force and the threat of the use of force to extract _______________from the continent. Answer: Surplus FBQ50: Samir Amin focused his analysis on the notion of __? Answer: unequal development MCQ1: Political economy attempts to locate the root cause of underdevelopment in third world nations to issues such as ____   Answer: Imperialism MCQ2: The challenges to the expansion of capital in the world production process is referred to as__________ MCQ3: Classical political economy is sometimes referred to as laissez faire, because it places much prominence on ____ MCQ4: The main proponent of the Marxian political economy approach is ___________?  Answer: Karl Marx MCQ5: The economy approach which advocates some form of state intervention in the economic process of the society is called _________ MCQ6: Karl Marx maintains that the economy is the ____, upon which other structures stand on in the societyMCQ7: Which of these scholars used his theory of dialectics and historical materialism to argue that capitalism will fizzle out ____ MCQ8: The concept “Political Economy” was first used by ____   Answer: Antoine de Montchrestein MCQ9: The object and instrument of labour for Karl Marx constitute the ____  MCQ10: For karl Marx, ____ is a group of persons that share a similar relationship to the means of production  Answer: Social Class MCQ11: The superstitious believe that the bourgeoisie own the means of production, and the legitimacy of the haves not working for them is what Marx refers to as ___  Answer: False Consciousness MCQ12: Surplus value is also known as ___________ MCQ13: Following his criticism of the economic injustice between the oppressor and the oppressed, Karl Marx believes that ____ is pregnant with the seed of its own destruction MCQ14: The difference between what the proletariat produce and what they take home is called ___  Answer: Surplus value MCQ15: That the proletarian revolution will eventually lead to the enthronement of Socialism was postulated by___  Answer: Karl Marx MCQ16: For ___, dialectics is the understanding in the contradiction within the very essence of things MCQ17: In Marx analysis, it is not the consciousness of men that determine their well being; rather their ____ determines their consciousness MCQ18: In his Material conception of History, Marx argues that the manner of relationship in the production process is man against nature, and man against ____   Answer: Man MCQ19: The historical approach in the evolution of the modern society for Karl Marx, includes; primitive communalism, slavery, feudalism, capitalism and ____  MCQ20: The stages in the development of productive forces under the primitive communal system include; appropriation of natural products and ____? MCQ21: The working hour of the peasant serfs in the primitive era is divided into necessary time and ____  MCQ22: The feudal era was largely characterised by land ownership held as ____ Answer: Fief MCQ23: During the necessary time, the peasant farmer produces only what is sufficient for his ____  Answer: Family MCQ24: The status of peasants in the feudal era is called ________  Answer: Serfdom MCQ25: The capitalist mode of production emerged during the last stage of _____   Answer: Feudalism MCQ26: The capitalist mode of production has undergone two stages; pre – monopoly capitalism and _________  Answer: Monopoly capitalism MCQ27: In ________ view, political economy does not only deal with production, also the social relations of men in production and the social system of production Answer: V.I Lenin MCQ28: In the communist manifesto, Marx and Engels insist that the working class must unite, for they have nothing to lose but their ____ Answer: Chains MCQ29: The theory which argues that the root causes of underdevelopment among third world countries are rooted in the existence of conservative culture and economic barriers is referred to as ____________ Answer: Modernisation MCQ30: The dependency theory resonated as a response to the writings of _________MCQ31: There were two stages in the development of productive forces under the primitive-communal system, and this are; appropriation of natural products and the _____ MCQ32: Modernisation theory is traceable to writings of ____ social scientists in the early 1950s  Answer: American MCQ33: Under the ideal _________ communal mode of production, the primary cells of society were kindred groups that shared a common dwelling and together procured their means of subsistence Answer: Primitive MCQ34: The most significant of the many slave uprisings was that led by ____  MCQ35: The advent of the ____, played a significant role in the fall of the feudal era Answer: Industrial revolution MCQ36: As against other definition of the modern state put forward by scholars, Marx maintains that the state only exists for the protection of ____ and the means of production? Answer: Private ownership MCQ37: For Marx, Lenin and Engels, the only way for mankind to achieve a brighter future is by embracing the _______ Answer: Religion of Communism MCQ38: According to Rostow , the five stages of development includes; traditional , Pre condition to take off, take off , drive to modernity and ____?  Answer: High mass consumption MCQ39: Which of these is not a feature of communism ____ ?  Answer: Emphasis of state power MCQ40: For Lenin, the development of socialism will ultimately lead to ____?  Answer: Communism MCQ41: In Line with the dependency approach, the relationship among countries is viewed between the metropolitan and the ________MCQ42: While Marx explains surplus value in relation to the ownership of means of production, Baran analysed surplus value in relation to the ____MCQ43: The countries that make up the metropolitan are geographically situated in the global ____?  Answer: North MCQ44: For Andre Gunder Frank, the moment a country is integrated into the global capitalist structure, the economy of such country manifests the sign and symptom of ____   Answer: Capitalism MCQ45: In the book, Imperialism: The Highest Stage of Capitalism, V. I. Lenin described imperialism as the ________________stage of capitalismMCQ46: The process by which there is a foreign political domination and subordination of a country’s territory for effective economic exploitation is referred to as _________ Answer: Colonialism MCQ47: The ____ began the invasion of present Nigeria with the conquest of Lagos in 1851?MCQ48: The Berlin conference which saw the partitioning of Africa into trust colonies among world powers, was convened by ____MCQ49: The book how Europe underdeveloped Africa was written by ____ ?MCQ50: The transition from the trans-Atlantic slave trade to colonial occupation of Africa was characterised by ________deceits, trickery and outright falsehood. Answer: Deceits MCQ1: Political economy attempts to locate the root cause of underdevelopment in third world nations to issues such as ____   Answer: Imperialism MCQ2: The challenges to the expansion of capital in the world production process is referred to as__________  Answer: Classical Political Economy MCQ3: Classical political economy is sometimes referred to as laissez faire, because it places much prominence on ____  Answer: Free Enterprise MCQ4: The main proponent of the Marxian political economy approach is ___________?  Answer: Karl Marx MCQ5: The economy approach which advocates some form of state intervention in the economic process of the society is called _________  Answer: Neo- Classical Political Economy MCQ6: Karl Marx maintains that the economy is the ____, upon which other structures stand on in the society Answer: Superstructure MCQ7: Which of these scholars used his theory of dialectics and historical materialism to argue that capitalism will fizzle out ____ Answer: Karl Marx MCQ8: The concept “Political Economy” was first used by ____   Answer: Antoine de Montchrestein MCQ9: The object and instrument of labour for Karl Marx constitute the ____   Answer: Mode of Production MCQ10: For karl Marx, ____ is a group of persons that share a similar relationship to the means of production  Answer: Social Class MCQ11: The superstitious believe that the bourgeoisie own the means of production, and the legitimacy of the haves not working for them is what Marx refers to as ___  Answer: False Consciousness MCQ12: Surplus value is also known as ___________  Answer: Social Plus MCQ13: Following his criticism of the economic injustice between the oppressor and the oppressed, Karl Marx believes that ____ is pregnant with the seed of its own destruction  Answer: Capitalism MCQ14: The difference between what the proletariat produce and what they take home is called ___  Answer: Surplus value MCQ15: That the proletarian revolution will eventually lead to the enthronement of Socialism was postulated by___  Answer: Karl Marx MCQ16: For ___, dialectics is the understanding in the contradiction within the very essence of things  Answer: V I Lenin MCQ17: In Marx analysis, it is not the consciousness of men that determine their well being; rather their ____ determines their consciousness  Answer: Social being MCQ18: In his Material conception of History, Marx argues that the manner of relationship in the production process is man against nature, and man against ____   Answer: Man MCQ19: The historical approach in the evolution of the modern society for Karl Marx, includes; primitive communalism, slavery, feudalism, capitalism and ____   Answer: Communism MCQ20: The stages in the development of productive forces under the primitive communal system include; appropriation of natural products and ____?  Answer: Transition to reproductive economy MCQ21: The working hour of the peasant serfs in the primitive era is divided into necessary time and ____   Answer: Surplus time MCQ22: The feudal era was largely characterised by land ownership held as ____ Answer: Fief MCQ23: During the necessary time, the peasant farmer produces only what is sufficient for his ____  Answer: Family MCQ24: The status of peasants in the feudal era is called ________  Answer: Serfdom MCQ25: The capitalist mode of production emerged during the last stage of _____   Answer: Feudalism MCQ26: The capitalist mode of production has undergone two stages; pre – monopoly capitalism and _________  Answer: Monopoly capitalism MCQ27: In ________ view, political economy does not only deal with production, also the social relations of men in production and the social system of production Answer: V.I Lenin MCQ28: In the communist manifesto, Marx and Engels insist that the working class must unite, for they have nothing to lose but their ____ Answer: Chains MCQ29: The theory which argues that the root causes of underdevelopment among third world countries are rooted in the existence of conservative culture and economic barriers is referred to as ____________ Answer: Modernisation MCQ30: The dependency theory resonated as a response to the writings of _________ Answer: Raul Prebisch MCQ31: There were two stages in the development of productive forces under the primitive-communal system, and this are; appropriation of natural products and the _____  Answer: Transition to a reproductive economy MCQ32: Modernisation theory is traceable to writings of ____ social scientists in the early 1950s  Answer: American MCQ33: Under the ideal _________ communal mode of production, the primary cells of society were kindred groups that shared a common dwelling and together procured their means of subsistence Answer: Primitive MCQ34: The most significant of the many slave uprisings was that led by ____   Answer: Spartacus (74 – 71 BC) MCQ35: The advent of the ____, played a significant role in the fall of the feudal era Answer: Industrial revolution MCQ36: As against other definition of the modern state put forward by scholars, Marx maintains that the state only exists for the protection of ____ and the means of production? Answer: Private ownership MCQ37: For Marx, Lenin and Engels, the only way for mankind to achieve a brighter future is by embracing the _______ Answer: Religion of Communism MCQ38: According to Rostow , the five stages of development includes; traditional , Pre condition to take off, take off , drive to modernity and ____?  Answer: High mass consumption MCQ39: Which of these is not a feature of communism ____ ?  Answer: Emphasis of state power MCQ40: For Lenin, the development of socialism will ultimately lead to ____?  Answer: Communism MCQ41: In Line with the dependency approach, the relationship among countries is viewed between the metropolitan and the ________ Answer: Periphery MCQ42: While Marx explains surplus value in relation to the ownership of means of production, Baran analysed surplus value in relation to the ____ Answer: consumption needs of the society MCQ43: The countries that make up the metropolitan are geographically situated in the global ____?  Answer: North MCQ44: For Andre Gunder Frank, the moment a country is integrated into the global capitalist structure, the economy of such country manifests the sign and symptom of ____   Answer: Capitalism MCQ45: In the book, Imperialism: The Highest Stage of Capitalism, V. I. Lenin described imperialism as the ________________stage of capitalism Answer: Monopoly MCQ46: The process by which there is a foreign political domination and subordination of a country’s territory for effective economic exploitation is referred to as _________ Answer: Colonialism MCQ47: The ____ began the invasion of present Nigeria with the conquest of Lagos in 1851? Answer: British MCQ48: The Berlin conference which saw the partitioning of Africa into trust colonies among world powers, was convened by ____ Answer: Otto Von Bismark MCQ49: The book how Europe underdeveloped Africa was written by ____ ? Answer: Walter Rodney MCQ50: The transition from the trans-Atlantic slave trade to colonial occupation of Africa was characterised by ________deceits, trickery and outright falsehood. Answer: Deceits