mckaywest11e

Chapter Chronology

Quiz for Sources for Western Society, Chapter 17

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Question

1. The images of guild-based economic activity (see Document 17-1) suggest that

child labor was crucial to the guild system.

the urban economy was an exclusively male arena.

women were active participants in the urban economy.

there was little division of labor or none within guild workshops.

Correct. The answer is c. In both images, women are shown working alongside men.

Incorrect. The answer is c. In both images, women are shown working alongside men.

Question

2. According to Thomas Mun (see Document 17-2), which of these was crucial to a country’s economic health?

Low taxes

A positive balance of trade

A vibrant middle class

Diverse industries

Correct. The answer is b. Mun believed that if England was to prosper, the people of England must strive to “sell more to strangers yearly than we consume of theirs in value.”

Incorrect. The answer is b. Mun believed that if England was to prosper, the people of England must strive to “sell more to strangers yearly than we consume of theirs in value.”

Question

3. According to Adam Smith (see Document 17-3), under what conditions did the “natural price” of a commodity more or less equal its “market price”?

When supply more or less equaled demand

When demand was greater than supply

When supply was greater than demand

Almost never

Correct. The answer is a. In explaining the law of supply and demand, Smith argued that the market price of a commodity would deviate from its natural price whenever there was a significant difference between supply and demand.

Incorrect. The answer is a. In explaining the law of supply and demand, Smith argued that the market price of a commodity would deviate from its natural price whenever there was a significant difference between supply and demand.

Question

4. On what grounds might a supporter of Clive (see Document 17-5) and an opponent of Equiano (see Document 17-4) have defended slavery?

On the grounds that the increased power of England justified the suffering of African slaves

On the grounds that market forces have no moral dimensions

On the grounds that Africans were naturally suited to servitude

On the grounds that slavery had existed throughout history and in most human societies

Correct. The answer is c. Clive, like many supporters of British imperialism, believed that non-Europeans were inherently inferior to whites and suited to be ruled.

Incorrect. The answer is c. Clive, like many supporters of British imperialism, believed that non-Europeans were inherently inferior to whites and suited to be ruled.