|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Where should the capital of a manufacturer generally reside?
2. What is an example of a mercantile project?
3. At the time the book was written, what commodity regulated the value of all other home-made commodities?
4. What is not an example of unproductive labor?
5. What happens when the quantity of silver increases?
Short Essay Questions
1. How is unproductive labor maintained by revenue?
2. What were the consequences of the German and Scythian nations overrunning the western provinces of the Roman empire?
3. How does the capital of the wholesale merchant support the productive labor of society?
4. How has the natural order of growth been inverted in some of the the modern states of Europe?
5. What is the significance of where the capital of a manufacturer resides?
6. What is the principal cause for the rapid progress of the American colonies towards wealth?
7. Why does the colony of a civilized nation which takes possession of thinly inhabited country make rapid advances in that country?
8. In the North American colonies, what does an artificer do who has acquired a little more stock than is necessary for carrying on his own business in supplying the neighboring country?
9. What is the difference between the two kinds of labor?
10. What are the four general maxims regarding taxes?
Write an essay for ONE of the following topics:
Essay Topic 1
As explained in the text, compare and contrast the land-carriage of goods to the water-carriage of goods.
Essay Topic 2
Explain with examples, why bounties ought to be given only to those branches of trade which cannot be carried on without them.
Essay Topic 3
There are two different views concerning whether or not a nation in wealthy. One view says that money is the measure of wealth, while the other says movable goods are the measure. Compare and contrast these two points of view.
This section contains 1,059 words
(approx. 4 pages at 300 words per page)