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