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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. Why are new machines more likely to be invented under division of labor?
(a) New machines are required when labor has been divided.
(b) Men have more time to experiment with various options and potential improvements.
(c) Division of labor promotes speculation and new ideas to be tried.
(d) Men are more likely to discover more efficient methods of production when their entire focus is directed towards a single step of the process.

2. What does the text say about the difference of the natural talents in men?
(a) That talent is natural and cannot be cultivated or improved.
(b) That they are not really that different.
(c) That they are so different as so never to be changeable.
(d) That all men have unique talents unto themselves.

3. How did the idea of division of labor come about?
(a) It was an experiment which owners found to be advantageous.
(b) It was a consequence of the applied study of manufacturing.
(c) It was the propensity of human nature to truck, barter, and exchange one thing for another.
(d) It was an accident which resulted in positive change.

4. Commonly, why does man #1 help man #2?
(a) Because man #2 has agreed to pay man #1.
(b) Because man #1 sees man #2's genuine need for help.
(c) Because man #1 derives personal benefit from helping man #2.
(d) Because man #1 has a capacity for benevolence.

5. In the ancient world, what was considered a most wonderful and dangerous exploit of navigation?
(a) To not invoke the gods' blessings on the journey.
(b) To sail out of the Streights of Gibraltar.
(c) To sail with a woman on board.
(d) To sail down an unknown coast.

Short Answer Questions

1. Originally, what did sailors fear?

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

3. What is the common instrument of commerce and exchanges in Abyssinia?

4. What is the common instrument of commerce and exchanges in Virginia?

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

(see the answer key)

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