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

Multiple Choice Questions

1. What do princes and sovereign states frequently do with their coinage?
(a) Substitute the quantity of pure metal contained in their coins.
(b) Diminish the quantity of pure metal contained in their coins.
(c) Refuse to change the quantity of pure metal contained in their coins.
(d) Augment the quantity of pure metal contained in their coins.

2. How does division of labor affect the time required for the manufacturing process?
(a) It lengthens the time of production while producing a better product.
(b) It reduces the time for a product to be completed.
(c) It lengthens the overall time of production.
(d) It reduces the time between a workman's different tasks.

3. What is a common characteristic for a workman under division of labor?
(a) Every workman is equal to every other workman.
(b) Every workman produces more than he needs.
(c) Every workman has the means to improve himself.
(d) Every workman has increased purchasing power.

4. Which is not a reason for the increase of the quantity of work under division of labor?
(a) Time efficiencies.
(b) The employment of more workmen.
(c) The invention of machines which enable one man to do the work of many.
(d) The increase of the workmen's dexterity.

5. What does the author consider to be a wasteful use of gold?
(a) Picture frames.
(b) Gilding and plating.
(c) Goblets.
(d) Flatware.

Short Answer Questions

1. In the rude ages of society, what was the common instrument of commerce?

2. How are the dispositions that form the difference of talents of various professions considered?

3. In what country is the Ganges River?

4. In the ancient world, what was considered a most wonderful and dangerous exploit of navigation?

5. What causes the difference between a philosopher and a street porter?

(see the answer key)

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