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Theory Of Peasant Economy by Alexander V. Chayanov
  • 1. According to Chayanov, peasant economy is primarily based on which type of production?
A) Service production
B) Industrial production
C) Subsistence production
D) Commercial production
  • 2. Chayanov’s economic model focuses on which unit of analysis?
A) The corporation
B) The state
C) The household
D) The individual
  • 3. Chayanov critiques which economic model predominant at his time?
A) Socialist model
B) Feudal model
C) Mercantilist model
D) Capitalist model
  • 4. What does Chayanov argue is a consequence of increased labor input in peasant families?
A) Decreased productivity
B) Increased consumption
C) Lower output
D) Greater inequality
  • 5. Chayanov’s theories influenced which area of research?
A) Rural sociology
B) Corporate finance
C) Urban planning
D) International trade
  • 6. In his theory, Chayanov examines the balance between which two elements?
A) Investment and return
B) Profit and loss
C) Supply and demand
D) Labor supply and consumption needs
  • 7. Chayanov’s analysis predominantly focuses on which geographical region?
A) North America
B) Russia
C) Western Europe
D) Southeast Asia
  • 8. Chayanov’s work can be classified under which field of study?
A) Global economics
B) Behavioral economics
C) Industrial economics
D) Agrarian economics
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