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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. How do most men choose to employ their capitals?
(a) Foreign trade.
(b) Agriculture.
(c) Improvement of land.
(d) Manufactures.

2. Who besides productive and unproductive laborers are all equally maintained by the annual produce of the land and labor of the country?
(a) Those who are not citizens of the country.
(b) Those who labor in another country.
(c) Those who do not labor at all.
(d) Those who labor only for themselves.

3. Which society sends the least number of men to war in proportion to the whole population?
(a) Civilized society.
(b) Shepherd society.
(c) Agricultural society.
(d) Hunter society.

4. What does the part of the annual production of the land and labor of any country which replaces a capital do?
(a) It pays the wages of productive labour.
(b) It replaces the needed materials of manufacturing.
(c) It restores the depleted stock.
(d) It pays the wages of unproductive labour.

5. What are the two kinds of labor?
(a) Manual and mental.
(b) Productive and unproductive.
(c) Wage earning and charitable.
(d) Professional and unskilled.

Short Answer Questions

1. What does the proportion between capital and revenue regulate?

2. When a government has borrowed a great deal of money, what is the justification for imposing new taxes?

3. How are almost all loans made?

4. How are capitals increased?

5. What does a man expect when he employs his stock as capital?

Short Essay Questions

1. How has the natural order of growth been inverted in some of the the modern states of Europe?

2. What is the first duty of the sovereign and how is it performed?

3. What are the two ways a borrower can use borrowed stock?

4. The whole annual produce of the land and labor of every country, which comes either from the ground, or from the hands of the productive laborers, is divided into what two parts?

5. Why does the colony of a civilized nation which takes possession of thinly inhabited country make rapid advances in that country?

6. Define the original two kinds of militia.

7. What are the four general maxims regarding taxes?

8. What is the principal cause for the rapid progress of the American colonies towards wealth?

9. How is the military an example of unproductive labor?

10. What are the two ways to impose land tax?

(see the answer keys)

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