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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. How does that part of the annual production, which comes either from the ground or from the hands of the productive laborers and is destined for replacing capital, compare between rich and poor countries?
2. What are the people who employ their own capital called?
3. Why isn't the wool of southern Scotland manufactured there?
4. What was prohibited from exportation in France until 1764?
5. What does the interest rate on borrowed money need to be to prevent usury?
Short Essay Questions
1. What is the significance of where the capital of a manufacturer resides?
2. How does a country fix the rate of interest on borrowed money so as to discourage usury?
3. Why do most men choose to employ their capitals in the improvement and cultivation of land?
4. What are the two ways a borrower can use borrowed stock?
5. What are the three ways capital is used in the natural growth of a new society?
6. How is unproductive labor maintained by revenue?
7. What were the consequences of the German and Scythian nations overrunning the western provinces of the Roman empire?
8. What is the difference between the two kinds of labor?
9. Why does want of parsimony in time of peace necessitate the contracting of debt in time of war?
10. What is the principal cause for the rapid progress of the American colonies towards wealth?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Explain with examples, why bounties ought to be given only to those branches of trade which cannot be carried on without them.
Essay Topic 2
Explain with examples how the discovery of a passage to the East Indies by the Cape of Good Hope opened an more extensive range to foreign commerce than even that of America.
Essay Topic 3
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.
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This section contains 1,208 words (approx. 5 pages at 300 words per page) |
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