View a FREE sample

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What kind of revenue constitutes the whole annual produce of the a country's land and labor?

2. According to the text, what does this saying describe: "Give me that which I want, and you shall have this which you want"?

3. Where are the separation of different trades and employments from one another generally found?

4. What was one problem with the use of rude metals?

5. What kind of business does not lend itself to many subdivisions of labor?

Short Essay Questions

1. Why did the first recorded civilizations dwell on the coast of the Mediterranean Sea?

2. What was the purpose of the first public stamps affixed to metals?

3. What two advantages did the banking companies of Scotland gain by dealing only with men who had frequent and regular operations with them?

4. Using an example from the text, explain how the value of the most precious metal used for coinage regulates the value of coins made with a lesser metal.

5. Who or what is involved in the manufacture and sale of a woolen coat?

6. In all countries, why are precious metals the preferred means of commerce?

7. Why do commercial nations use coins of different kinds of metals?

8. In every society or neighborhood, how is an ordinary or average rate of rent regulated?

9. How does the multiplication of the productions of all the different arts, in consequence of the division of labor in a well-governed society, extend opulence to the lowest ranks of the people?

10. How are the differences in men of different professions fostered?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Explain the general characteristics of the division of labor between small and large manufacturers. How are they the same? How are they different? How is division of labor generally advantageous?

Essay Topic 2

What knowledge and ready organizational systems do colonists carry with them to build a new colony? How does the abundance of land affect the colonists' knowledge and systems?

Essay Topic 3

Explain with examples how restraining, high duties, or absolute prohibitions on the importation of foreign goods that can be produced at home secure a domestic monopoly.

(see the answer keys)

This section contains 1,039 words (approx. 4 pages at 300 words per page) View a FREE sample