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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 name of a species of farmers in France who succeeded the slave cultivators of ancient times?

2. As capital increases in any country, what happens to the profits which can be made by employing them ?

3. Why isn't the wool of southern Scotland manufactured there?

4. Where should the capital of a manufacturer generally reside?

5. What is the whole annual produce of the land and labor of every country used for?

Short Essay Questions

1. How is unproductive labor maintained by revenue?

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

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

4. What is the significance of where the capital of a manufacturer resides?

5. What is necessary for commerce and manufacturing to flourish in a nation?

6. What are the three ways capital is used in the natural growth of a new society?

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

8. 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?

9. How does the capital of the wholesale merchant support the productive labor of society?

10. What were the consequences of the German and Scythian nations overrunning the western provinces of the Roman empire?

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

Define and give examples for the two kinds of stock a workman may possess. Explain and give examples for the three ways stock is used for personal consumption.

Essay Topic 3

"The increase and riches of commercial and manufacturing towns contributed to the improvement and cultivation of the countries to which they belonged in three different ways." Explain with examples the three ways mentioned in the quote above.

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