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This quiz consists of 5 multiple choice and 5 short answer questions through End of Book 4 & Book 5, Chapter 1.

Multiple Choice Questions

1. What are the two kinds of labor?
(a) Productive and unproductive.
(b) Wage earning and charitable.
(c) Manual and mental.
(d) Professional and unskilled.

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

3. What is one characteristic of the Mediterranean Sea which made it favorable for infant navigation?
(a) Shallow water.
(b) Many harbors.
(c) No tides.
(d) No islands.

4. What can be said for division of labor for all kinds of manufacturing?
(a) Division of labor does not affect the quantity of products manufactured.
(b) The quality of products manufactured are improved greatly.
(c) Machines replace many workmen who are moved to other jobs.
(d) Many individuals and processes come together to complete a product.

5. What kind of revenue constitutes the whole annual produce of the a country's land and labor?
(a) Production revenue.
(b) Gross revenue.
(c) Consumption revenue.
(d) Net revenue.

Short Answer Questions

1. How does an individual live within a civilized society?

2. What are the natural consequences of the law of primogeniture?

3. What is the real measure of the exchangeable value of all commodities?

4. How are a philosopher and a street porter the same?

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

(see the answer key)

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