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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. What is the principal cause of the rapid progress of the American colonies?
2. What determines the ordinary market price of land?
3. What is an example of a mercantile project?
4. Sugar was originally an enumerated commodity which could be exported only to which country?
5. During the twelve years of the reign of Queen Anne, what was the highest interest rate which could be taken for borrowed money?
Short Essay Questions
1. What were the consequences of the German and Scythian nations overrunning the western provinces of the Roman empire?
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 would the proprietor of a colonist's land not dispute over wages, and indeed pay high wages?
4. What happens when a country forbids collecting interest on borrowed money?
5. How is unproductive labor maintained by revenue?
6. How does the capital of the wholesale merchant support the productive labor of society?
7. Why does want of parsimony in time of peace necessitate the contracting of debt in time of war?
8. According to the author, why do men prefer slave labor rather than the services of freemen?
9. How is the interest rate for borrowed money determined?
10. Why does the colony of a civilized nation which takes possession of thinly inhabited country make rapid advances in that country?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Merchants and manufacturers desire the most extensive foreign sale for their goods but their home country has no jurisdiction in foreign nations. Consequently, they are obliged to petition for certain encouragements to exportation. These encouragements what are called drawbacks. Explain with examples how drawbacks work for both the exporting and importing country. What are the benefits and/or hindrances to both?
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.
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This section contains 1,023 words (approx. 4 pages at 300 words per page) |
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