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This quiz consists of 5 multiple choice and 5 short answer questions through Book 1, Chapter 4.

Multiple Choice Questions

1. What limits the extent of the division of labor?
(a) The market.
(b) The raw products.
(c) The workmen.
(d) The population.

2. In all countries, what do men prefer in exchange for commodities?
(a) Like goods.
(b) Labor.
(c) Precious metals.
(d) Gem stones.

3. According to the text, what does this saying describe: "Give me that which I want, and you shall have this which you want"?
(a) A business propostion.
(b) A fair trade.
(c) A mutual offer.
(d) A bargain.

4. What was one problem with the use of rude metals?
(a) Mining them.
(b) Transporting them.
(c) Weighing them.
(d) Keeping them safe.

5. What is the common instrument of commerce and exchanges in Virginia?
(a) Sugar.
(b) Tobacco.
(c) Shells.
(d) Salt.

Short Answer Questions

1. How does division of labor affect the time required for the manufacturing process?

2. What kind of business does not lend itself to many subdivisions of labor?

3. In the rude ages of society, what was the common instrument of commerce?

4. What is one consequence for society where the division of labor is practiced?

5. Which occupation requires a great town?

(see the answer key)

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