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Theory Of Peasant Economy by Alexander V. Chayanov
Contributed by: Hewitt
  • 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 corporation
B) The household
C) The individual
D) The state
  • 3. Chayanov critiques which economic model predominant at his time?
A) Feudal model
B) Capitalist model
C) Mercantilist model
D) Socialist model
  • 4. In his theory, Chayanov examines the balance between which two elements?
A) Labor supply and consumption needs
B) Profit and loss
C) Investment and return
D) Supply and demand
  • 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) Agrarian economics
B) Global economics
C) Behavioral economics
D) Industrial economics
  • 7. Chayanov’s theories influenced which area of research?
A) Corporate finance
B) Rural sociology
C) International trade
D) Urban planning
  • 8. Chayanov’s analysis predominantly focuses on which geographical region?
A) North America
B) Western Europe
C) Russia
D) Southeast Asia
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