View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Book 3, Chapter 1.

Multiple Choice Questions

1. In seeking for employment to a capital, what is preferred to foreign commerce?
(a) Domestic merchandizing.
(b) Inland merchandizing.
(c) Domestic manufacturers.
(d) Inland manufacturers.

2. What was one problem with the use of rude metals?
(a) Weighing them.
(b) Mining them.
(c) Transporting them.
(d) Keeping them safe.

3. What was the original form of the metals used for commerce?
(a) Bars.
(b) Nuggets.
(c) Coins.
(d) Lumps.

4. According to Homer, how much did the armor of Diomede cost?
(a) Eleven oxen.
(b) Ten oxen.
(c) Nine oxen.
(d) Eight oxen.

5. What was the common instrument of commerce among the ancient Spartans?
(a) Copper.
(b) Gold.
(c) Iron.
(d) Silver.

Short Answer Questions

1. What is the third part of capital use in every growing society?

2. What kind of revenue remains free to a country after deducting the expense of maintaining their fixed circulating capital?

3. Which profession is not an example of an artificer?

4. What does a North American colonial artificer do when he has acquired a little more stock than is necessary for carrying on his own business in supplying the neighboring country?

5. When was the Bank of England incorporated?

(see the answer key)

This section contains 226 words (approx. 1 page at 300 words per page) View a FREE sample