|Name: _________________________||Period: ___________________|
Multiple Choice Questions
1. Which country's inland navigation caused its early improvement?
2. How are the dispositions that form the difference of talents of various professions considered?
(a) They are considered useful.
(b) They are considered a hindrance to progress.
(c) They are considered inconsequential.
(d) They are considered obstacles to overcome.
3. What is the intention of the fixed capital?
(a) To increase the speed of manufacturing.
(b) To increase the productive powers of labour.
(c) To decrease the overhead cost of manufacturing.
(d) To decrease the number of workmen needed.
4. Which occupation requires a great town?
5. What does the author consider to be a wasteful use of gold?
(b) Picture frames.
(c) Gilding and plating.
Short Answer Questions
1. What is one characteristics of a fixed capital?
2. What is the real measure of the exchangeable value of all commodities?
3. When was the Bank of England incorporated?
4. What word expressed the weight or quantity of metal contained in the first coins?
5. What commodity would a butcher be unlikely to exchange for?
Short Essay Questions
1. What two values does the workman add to manufactured materials?
2. What three circumstances increase the quantity of work as a consequence of the division of labor?
3. In every society or neighborhood, how is the ordinary or average rate both of wages and profit regulated?
4. How do fixed capital and circulating money resemble each other?
5. Why was the weighing of precious metals a problem with their use in their crude state?
6. Give an example of one kind of job which requires a great town.
7. In all countries, why are precious metals the preferred means of commerce?
8. Who commonly makes improvements in manufacturing machinery?
9. What two advantages did the banking companies of Scotland gain by dealing only with men who had frequent and regular operations with them?
10. What was the purpose of the first public stamps affixed to metals?
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