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