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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. Which occupation requires a great town?
2. What regulates the price of every particular commodity?
3. Which is not a reason for the increase of the quantity of work under division of labor?
4. According to Homer, how much did the armor of Diomede cost?
5. Labor measures the value of price which resolves itself into labor, rent, and what one other thing?
Short Essay Questions
1. What two advantages did the banking companies of Scotland gain by dealing only with men who had frequent and regular operations with them?
2. How does the market limit the division of labor?
3. How do fixed capital and circulating money resemble each other?
4. Circulating capital which affords a revenue is composed of four parts. What are those four parts?
5. How is the circulating capital of a society different from that of an individual?
6. Explain a farmer's fixed and circulating capital.
7. How does private property change the land of any country?
8. What three circumstances increase the quantity of work as a consequence of the division of labor?
9. Using an example from the text, explain how the value of the most precious metal used for coinage regulates the value of coins made with a lesser metal.
10. Why do commercial nations use coins of different kinds of metals?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
With specific examples, compare and contrast the forms of defense among these different societies - 1. a nation of hunters; 2. a nation of shepherds; 3. a nation of husbandmen with no foreign commerce or manufacture.
Essay Topic 2
As explained in the text, compare and contrast the land-carriage of goods to the water-carriage of goods.
Essay Topic 3
As explained in the text, compare and contrast the general social exchange activity between men with the general social exchange activity between animals of the same species.
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This section contains 1,000 words (approx. 4 pages at 300 words per page) |
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