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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 household
B) The individual
C) The corporation
D) The state
  • 3. Chayanov critiques which economic model predominant at his time?
A) Feudal model
B) Socialist model
C) Mercantilist model
D) Capitalist model
  • 4. Chayanov’s theories influenced which area of research?
A) Rural sociology
B) Urban planning
C) Corporate finance
D) International trade
  • 5. In his theory, Chayanov examines the balance between which two elements?
A) Supply and demand
B) Profit and loss
C) Labor supply and consumption needs
D) Investment and return
  • 6. Chayanov’s work can be classified under which field of study?
A) Agrarian economics
B) Industrial economics
C) Global economics
D) Behavioral 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) Increased consumption
B) Decreased productivity
C) Greater inequality
D) Lower output
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