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

2. Which profession is not an example of an artificer?

3. What does the proportion between capital and revenue regulate?

4. How are capitals increased?

5. In seeking for employment to a capital, what is preferred to foreign commerce?

Short Essay Questions

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

2. Why do most men choose to employ their capitals in the improvement and cultivation of land?

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

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

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

6. Why does want of parsimony in time of peace necessitate the contracting of debt in time of war?

7. What are the four general maxims regarding taxes?

8. What is the principal cause for the rapid progress of the American colonies towards wealth?

9. Define the original two kinds of militia.

10. What is a drawback?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Explain with examples the commerce that take place back and forth between the inhabitants of a town and the inhabitants of the country in a civilized society. What are the benefits to both? How does one area support the other area?

Essay Topic 2

Explain with examples what happens to commerce in a society when gold and silver are devalued.

Essay Topic 3

As explained in the text, compare and contrast the land-carriage of goods to the water-carriage of goods.

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