1. In some measure, every man in a growing commercial society becomes what?
(a) A farmer.
(b) A merchant.
(c) A tinker.
(d) A scholar.

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

3. When was the Bank of England incorporated?
(a) The 27th of July, 1696.
(b) The 27th of July, 1694.
(c) The 27th of July, 1693.
(d) The 27th of July, 1695.

4. What is a person's revenue equal to?
(a) The wages he is paid.
(b) The quantity of comsumable goods he can purchase.
(c) The stock that is put into reserve.
(d) The money left over after buying his necessities.

5. Where does the town gain its wealth and subsistence from?
(a) Society.
(b) Its manufacturers.
(c) The country.
(d) Its capital.

Short Answer Questions

1. What does an artificer who lives where there is either no uncultivated land, or none that can be had upon easy terms, do when he has acquired a little more stock than is necessary for carrying on his own business in supplying the neighboring country?

2. What is the intention of the fixed capital?

3. What was one problem with the use of rude metals?

4. According to Homer, how much did the armor of Diomede cost?

5. What is a consequence of replacing gold money with paper money?

(see the answer key)

This section contains 296 words
(approx. 1 page at 300 words per page)

View a FREE sample