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