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