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This quiz consists of 5 multiple choice and 5 short answer questions through End of Book 3 & Book 4, Chapter 1.

Multiple Choice Questions

1. What is one consequence for society where the division of labor is practiced?
(a) Manufacturing is always growing.
(b) All men are capable of learning a new trade.
(c) There is no unemployment.
(d) Wealth is enjoyed by even the lowest classes of people.

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 are have completed their industry and improvement.
(d) In those countries which enjoy the highest degree of industry and improvement.

3. What was one problem with the use of rude metals?
(a) Keeping them safe.
(b) Transporting them.
(c) Mining them.
(d) Weighing them.

4. What goods are ordinarily prohibited from being imported to Britain?
(a) Foreign produce.
(b) Silks.
(c) Gold.
(d) Wines.

5. What are the natural consequences of the law of primogeniture?
(a) Divided estates.
(b) Female inheritors.
(c) Bankrupcy.
(d) Entails.

Short Answer Questions

1. At the time the book was written, what commodity regulated the value of all other home-made commodities?

2. What reduced the value of gold and silver in Europe in the 16th century?

3. Why are new machines more likely to be invented under division of labor?

4. When does the quantity of stock to be lent at interest grow?

5. What is the real measure of the exchangeable value of all commodities?

(see the answer key)

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