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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) Subsistence production
C) Service production
D) Commercial 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) Feudal model
B) Capitalist model
C) Socialist model
D) Mercantilist model
  • 4. 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
  • 5. Chayanov’s work can be classified under which field of study?
A) Global economics
B) Behavioral economics
C) Industrial economics
D) Agrarian economics
  • 6. Chayanov’s analysis predominantly focuses on which geographical region?
A) North America
B) Russia
C) Western Europe
D) Southeast Asia
  • 7. What does Chayanov argue is a consequence of increased labor input in peasant families?
A) Increased consumption
B) Greater inequality
C) Lower output
D) Decreased productivity
  • 8. Chayanov’s theories influenced which area of research?
A) Urban planning
B) International trade
C) Corporate finance
D) Rural sociology
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