Economics Essentials Quiz

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10 Questions

What does an economy emphasize?

The practices, discourses, and material expressions associated with the production, use, and management of scarce resources

What factors are involved in a given economy?

Culture, values, education, technological evolution

Who can be economic agents?

Individuals, businesses, organizations, or governments

What spurs economic activity?

Production using natural resources, labor, and capital

What has changed economic activity over time?

Technology, innovation, and changes in industrial relations

Who is traditionally credited as the author of the Arthashastra?

Kautilya

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

2nd century BCE to 3rd century CE

Who rediscovered the Arthashastra in 1905?

R. Shamasastry

In which century did the Arthashastra disappear from influence?

12th century

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

1915

Test your knowledge of economics with this quiz that covers topics such as production, distribution, trade, consumption, scarce resources, culture, values, education, and technological evolution. See how well you understand the principles and practices that shape economies around the world.

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