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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) Service production
B) Commercial production
C) Industrial production
D) Subsistence production
  • 2. Chayanov’s economic model focuses on which unit of analysis?
A) The household
B) The individual
C) The state
D) The corporation
  • 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) Urban planning
B) Corporate finance
C) International trade
D) Rural sociology
  • 5. In his theory, Chayanov examines the balance between which two elements?
A) Profit and loss
B) Labor supply and consumption needs
C) Investment and return
D) Supply and demand
  • 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) North America
B) Russia
C) Southeast Asia
D) Western Europe
  • 8. 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
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