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

Multiple Choice Questions

1. A part of which area was included in ancient Scythia?
(a) Siam.
(b) Bavaria.
(c) Euxine.
(d) Siberia.

2. In some measure, every man in a growing commercial society becomes what?
(a) A merchant.
(b) A farmer.
(c) A scholar.
(d) A tinker.

3. To what price do all commodities gravitate?
(a) The natural price.
(b) The stated price.
(c) The effectual price.
(d) The nominal price.

4. What kind of business does not lend itself to many subdivisions of labor?
(a) Agriculture.
(b) Foundry.
(c) Ship building.
(d) Textile manufacturing.

5. Originally, what did sailors fear?
(a) Being out of sight of the shore.
(b) That their compasses were inaccurate.
(c) That islands moved around in the sea.
(d) Navigating on a cloudy night.

Short Answer Questions

1. What encourages every man to apply himself to an occupation and cultivate whatever talent he may possess for that particular business?

2. What three ways do we obtain from one another the greater part of those mutual good offices which we stand in need of?

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

4. Commonly, why does man #1 help man #2?

5. Why are the silks of France better and cheaper than those of England?

(see the answer key)

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