Quiz for Document 17-3: Adam Smith,
The Wealth of Nations
(1776)
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Document 17-3: Adam Smith,
The Wealth of Nations
(1776)
Choose the best answer to each question.
Question
17.6
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Which of the following did Smith give as a reason why the division of labor increases the quantity of goods produced in a day?
Question
17.7
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Which of the following forces did Smith believe motivated human economic activity?
Question
17.8
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According to Smith, what determines the exchange value of a product?
Question
17.9
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According to Adam Smith, under what conditions did the “natural price” of a commodity more or less equal its “market price”?