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