Economics Essentials Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does an economy emphasize?

  • The practices, discourses, and material expressions associated with the production, use, and management of scarce resources (correct)
  • The distribution and trade of goods and services
  • The social organization and political structure
  • The consumption of goods and services

What factors are involved in a given economy?

  • History, social organization, political structure
  • Culture, values, education, technological evolution (correct)
  • Legal systems, natural resources, and monetary transactions
  • Labor, capital, and industrial relations

Who can be economic agents?

  • Only businesses and organizations
  • Only organizations and governments
  • Only individuals and businesses
  • Individuals, businesses, organizations, or governments (correct)

What spurs economic activity?

<p>Production using natural resources, labor, and capital (A)</p> Signup and view all the answers

What has changed economic activity over time?

<p>Technology, innovation, and changes in industrial relations (D)</p> Signup and view all the answers

Who is traditionally credited as the author of the Arthashastra?

<p>Kautilya (B)</p> Signup and view all the answers

During which period was the Arthashastra composed, expanded, and redacted?

<p>2nd century BCE to 3rd century CE (A)</p> Signup and view all the answers

Who rediscovered the Arthashastra in 1905?

<p>R. Shamasastry (A)</p> Signup and view all the answers

In which century did the Arthashastra disappear from influence?

<p>12th century (C)</p> Signup and view all the answers

In what century was the first English translation of the Arthashastra published?

<p>1915 (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Open
Browser
Browser