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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 is the third part of capital use in every growing society?
(a) Manufacturers.
(b) Inland commerce.
(c) Agriculture.
(d) Foreign commerce.

2. Sugar was originally an enumerated commodity which could be exported only to which country?
(a) Jamaica.
(b) North America.
(c) Spain.
(d) Great Britain.

3. What supplies the inhabitants of the town both with the materials of their work, and the means of their subsistence?
(a) Raw materials.
(b) Cultivation.
(c) Commerce.
(d) Artificers.

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

5. 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.

Short Answer Questions

1. What does the proportion between capital and revenue regulate?

2. What is the actual price at which any commodity is commonly sold called?

3. How do most men choose to employ their capitals?

4. What was one consequence when the German and Scythian nations overran the western provinces of the Roman empire?

5. What reduced the value of gold and silver in Europe in the 16th century?

(see the answer key)

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