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

Multiple Choice Questions

1. What does the division of labor do for a manufacturer?
(a) It simplifies the productive powers of labor.
(b) It decreases the productive powers of labor.
(c) It increases the productive powers of labor.
(d) It complicates the productive powers of labor.

2. Where are the separation of different trades and employments from one another generally found?
(a) In those countries which have the least degree of industry and improvement.
(b) In those countries which have yet to pursue industry and improvement.
(c) In those countries which enjoy the highest degree of industry and improvement.
(d) In those countries which are have completed their industry and improvement.

3. What is the common instrument of commerce and exchanges in some parts of the coast of India?
(a) Tobacco.
(b) Shells.
(c) Sugar.
(d) Salt.

4. What is the principal cause of the rapid progress of the American colonies?
(a) Nearly their entire capitals are employed in land.
(b) Nearly their entire capitals are employed in commerce.
(c) Nearly their entire capitals are employed in agriculture.
(d) Nearly their entire capitals are employed in settlements.

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

Short Answer Questions

1. What is not an example of unproductive labor?

2. To what price do all commodities gravitate?

3. What is true about the amount of metal coins which circulate in a society?

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

5. What is a borrower who uses his borrowed stock for immediate consumption?

(see the answer key)

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