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

Multiple Choice Questions

1. What was the original form of the metals used for commerce?
(a) Coins.
(b) Bars.
(c) Nuggets.
(d) Lumps.

2. In the rude ages of society, what was the common instrument of commerce?
(a) Labor.
(b) Cattle.
(c) Food stuffs.
(d) Textiles.

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

4. What opens an even more extensive market to every sort of industry?
(a) Water-carriage.
(b) Improved inland transporation.
(c) Faster horses.
(d) Land-carriage.

5. What three ways do we obtain from one another the greater part of those mutual good offices which we stand in need of?
(a) By treaty, by barter, or by purchase.
(b) By labor, by barter , or by charity.
(c) By ingenuity, by treaty, or by purchase.
(d) By labor, by charity, or by ingenuity.

Short Answer Questions

1. What is the common instrument of commerce and exchanges in some parts of the coast of India?

2. What kind of person depends chiefly on the benevolence of this fellow citizens?

3. In all countries, what do men prefer in exchange for commodities?

4. What is one consequence for society where the division of labor is practiced?

5. What was the common instrument of commerce among the ancient Spartans?

(see the answer key)

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