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
Download our mobile app to listen on the go
Get App

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

Kautilya, Chanakya and Arthashastra
43 questions
Ancient Indian Economic Philosophy
37 questions
Use Quizgecko on...
Browser
Browser