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This quiz consists of 5 multiple choice and 5 short answer questions through Book 1, Chapter 5.

Multiple Choice Questions

1. What word expressed the weight or quantity of metal contained in the first coins?
(a) Stamp.
(b) Fineness.
(c) Purity.
(d) Denomination.

2. How many times more goods on a broad-wheeled wagon can be carried from London to Edinburgh by water-carriage in the same amount of time?
(a) 45.
(b) 55.
(c) 50.
(d) 40.

3. What causes the difference between a philosopher and a street porter?
(a) Natural talent and propensity.
(b) Opportunity, talent, and birth.
(c) Habit, custom, and education.
(d) Birth, income, and upbringing.

4. What does the division of labor do for a manufacturer?
(a) It simplifies the productive powers of labor.
(b) It increases the productive powers of labor.
(c) It complicates the productive powers of labor.
(d) It decreases the productive powers of labor.

5. What is the real measure of the exchangeable value of all commodities?
(a) Barter.
(b) Labor.
(c) Exchange of goods.
(d) Gold.

Short Answer Questions

1. Originally, what did sailors fear?

2. Why are new machines more likely to be invented under division of labor?

3. What commodity would a butcher be unlikely to exchange for?

4. What is a common characteristic for a workman under division of labor?

5. What can be said for division of labor for all kinds of manufacturing?

(see the answer key)

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