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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. How does annual consumption compare to annual spending?
2. How does that part of the annual production, which comes either from the ground or from the hands of the productive laborers and is destined for replacing capital, compare between rich and poor countries?
3. What was the mint price of eight Paris ounces of gold according to the edict of January 1726?
4. What goods are ordinarily prohibited from being imported to Britain?
5. What are the people who employ their own capital called?
Short Essay Questions
1. What are the two ways to impose land tax?
2. How has the natural order of growth been inverted in some of the the modern states of Europe?
3. Why does the colony of a civilized nation which takes possession of thinly inhabited country make rapid advances in that country?
4. How is the interest rate for borrowed money determined?
5. What are the three ways capital is used in the natural growth of a new society?
6. How does a country fix the rate of interest on borrowed money so as to discourage usury?
7. What were the consequences of the German and Scythian nations overrunning the western provinces of the Roman empire?
8. Define the original two kinds of militia.
9. Why do most men choose to employ their capitals in the improvement and cultivation of land?
10. Why does want of parsimony in time of peace necessitate the contracting of debt in time of war?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
As explained in the text, compare and contrast the land-carriage of goods to the water-carriage of goods.
Essay Topic 2
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 3
With specific examples, compare and contrast the forms of defense among these different societies - 1. a nation of hunters; 2. a nation of shepherds; 3. a nation of husbandmen with no foreign commerce or manufacture.
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This section contains 1,035 words (approx. 4 pages at 300 words per page) |
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