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This quiz consists of 5 multiple choice and 5 short answer questions through Book 1, Chapter 3.
Multiple Choice Questions
1. Why are new machines more likely to be invented under division of labor?
(a) Men have more time to experiment with various options and potential improvements.
(b) Men are more likely to discover more efficient methods of production when their entire focus is directed towards a single step of the process.
(c) Division of labor promotes speculation and new ideas to be tried.
(d) New machines are required when labor has been divided.
2. 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.
3. What is one consequence for society where the division of labor is practiced?
(a) All men are capable of learning a new trade.
(b) Manufacturing is always growing.
(c) There is no unemployment.
(d) Wealth is enjoyed by even the lowest classes of people.
4. Commonly, why does man #1 help man #2?
(a) Because man #1 derives personal benefit from helping man #2.
(b) Because man #1 sees man #2's genuine need for help.
(c) Because man #1 has a capacity for benevolence.
(d) Because man #2 has agreed to pay man #1.
5. According to the text, what does this saying describe: "Give me that which I want, and you shall have this which you want"?
(a) A fair trade.
(b) A bargain.
(c) A mutual offer.
(d) A business propostion.
Short Answer Questions
1. Which country's inland navigation caused its early improvement?
2. A part of which area was included in ancient Scythia?
3. What encourages every man to apply himself to an occupation and cultivate whatever talent he may possess for that particular business?
4. Where are the separation of different trades and employments from one another generally found?
5. How long would it take for a broad-wheeled wagon, attended by two men, and drawn by eight horses, to carry four tons of goods between London and Edinburgh?
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This section contains 423 words (approx. 2 pages at 300 words per page) |
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