View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Book 2, Chapter 1.

Multiple Choice Questions

1. What does the author consider to be a wasteful use of gold?
(a) Gilding and plating.
(b) Goblets.
(c) Flatware.
(d) Picture frames.

2. Which Mediterranean country seems to have been the first in which either agriculture or manufacturers were cultivated and improved to any considerable degree?
(a) Egypt.
(b) Greece.
(c) Italy.
(d) Turkey.

3. Under division of labor, what generally supplies a man's wants?
(a) The produce of society's labor.
(b) The produce of the country's labor.
(c) The produce of a man's own labor.
(d) The produce of other men's labor.

4. What is a common characteristic for a workman under division of labor?
(a) Every workman has increased purchasing power.
(b) Every workman has the means to improve himself.
(c) Every workman produces more than he needs.
(d) Every workman is equal to every other workman.

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

Short Answer Questions

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

2. How are the dispositions that form the difference of talents of various professions considered?

3. How many general types of circulating capital are there?

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

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

(see the answer key)

This section contains 287 words (approx. 1 page at 300 words per page) View a FREE sample