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