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