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