|Name: _____________________________||Period: ___________________________|
This test consists of 5 multiple choice, 5 short answer, and 0 short essay questions.
Multiple Choice Questions
Directions: Circle the correct answer.
1. What opens an even more extensive market to every sort of industry?
c) Improved inland transporation.
d) Faster horses.
2. What happens if the supply of a commodity is greater than the demand for it?
a) The commodity goes to waste.
b) The merchant returns the goods.
c) The price rises.
d) The price drops.
3. How many ways are there to employ capital?
4. What is the state of the greater part of the laboring poor in all countries?
a) Their revenue is derived from their labor only.
b) Their labor is sporadic and not continual.
c) Their labor is not...
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