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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 are capitals increased?
2. In seeking for employment to a capital, what is preferred to foreign commerce?
3. When a government has borrowed a great deal of money, what is the justification for imposing new taxes?
4. What gave Great Britain the monopoly of supplying the colonies with all the commodities of growth and manufacturing?
5. How many ways are there to employ capital?
Short Essay Questions
1. How is the interest rate for borrowed money determined?
2. In the North American colonies, what does an artificer do who has acquired a little more stock than is necessary for carrying on his own business in supplying the neighboring country?
3. Why do most men choose to employ their capitals in the improvement and cultivation of land?
4. Define the original two kinds of militia.
5. What is the significance of where the capital of a manufacturer resides?
6. What are the three ways capital is used in the natural growth of a new society?
7. What is necessary for commerce and manufacturing to flourish in a nation?
8. 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?
9. How has the natural order of growth been inverted in some of the the modern states of Europe?
10. How is unproductive labor maintained by revenue?
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 with examples, why bounties ought to be given only to those branches of trade which cannot be carried on without them.
Essay Topic 3
The text says "Labour measures the value not only of that part of price which resolves itself into labour, but of that which resolves itself into rent, and of that which resolves itself into profit." Explain with examples how the price of every commodity in every improved society finally resolves itself into all of those three parts.
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This section contains 1,109 words (approx. 4 pages at 300 words per page) |
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