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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 state of the greater part of the laboring poor in all countries?
2. How are a philosopher and a street porter the same?
3. What is a consequence of replacing gold money with paper money?
4. In the ancient world, what was considered a most wonderful and dangerous exploit of navigation?
5. In all countries, what do men prefer in exchange for commodities?
Short Essay Questions
1. Give one example of how a country workman is obliged to apply himself to all the different branches of industry that employ the same sort of materials.
2. How are the differences in men of different professions fostered?
3. In every society or neighborhood, how is the ordinary or average rate both of wages and profit regulated?
4. Circulating capital which affords a revenue is composed of four parts. What are those four parts?
5. How does private property change the land of any country?
6. What is the difference between the real price of a commodity and the nominal price of a commodity?
7. In all countries, why are precious metals the preferred means of commerce?
8. Give one example of how a tribe of hunters or shepherds would begin the process of division of labor?
9. Give an example of one kind of job which requires a great town.
10. How do fixed capital and circulating money resemble each other?
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
There are two different views concerning whether or not a nation in wealthy. One view says that money is the measure of wealth, while the other says movable goods are the measure. Compare and contrast these two points of view.
Essay Topic 3
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?
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This section contains 1,066 words (approx. 4 pages at 300 words per page) |
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