What Do You Know About Agrarian Capitalism? Trivia Quiz
Capitalism is an economic system where private individuals control the means of production, distribution and consumption. Agrarian capitalism is therefore a capitalism system geared towards agricultural management. Agrarian capitalism is an agricultural system of capitalist economy. What do you know about this system of capitalism? Take our quiz to confirm
- 1.
Who first developed the theory of agrarian capitalism?
- A.
Adam Smith
- B.
John Locke
- C.
Chris Cusack
- D.
Elizabeth Daily
Correct Answer
A. Adam SmithExplanation
Adam Smith is the correct answer because he is widely recognized as the founder of modern economics and is known for his influential book "The Wealth of Nations." In this book, Smith discusses various economic concepts, including the theory of capitalism. He argues that capitalism, characterized by private ownership and free markets, leads to economic growth and prosperity. Smith's ideas laid the foundation for the theory of agrarian capitalism, which emphasizes the importance of agriculture in economic development and the role of markets in allocating resources.Rate this question:
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- 2.
What period was the term first developed?
- A.
15th century
- B.
16th century
- C.
17th century
- D.
18th century
Correct Answer
B. 16th centuryExplanation
The term was first developed in the 16th century.Rate this question:
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- 3.
Which of these books did the term originate from?
- A.
The Wealth of Nations
- B.
Economy & Experience
- C.
Capitalism in the world
- D.
Agriculture and Economy
Correct Answer
A. The Wealth of NationsExplanation
The term originated from "The Wealth of Nations".Rate this question:
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- 4.
Who among the following made the claim that rational agriculture is incompatible with capitalism?
- A.
James Lewis
- B.
James Martin
- C.
Malcolm Knowles
- D.
Karl Max
Correct Answer
D. Karl MaxExplanation
Karl Marx made the claim that rational agriculture is incompatible with capitalism. Marx believed that capitalism prioritizes profit over the well-being of workers and the environment, leading to exploitative agricultural practices. He argued that under capitalism, agriculture would be driven by the pursuit of maximum profit, rather than the efficient and sustainable use of resources. Marx advocated for a socialist system where agriculture would be organized collectively, with the goal of meeting the needs of society rather than generating profit for a few individuals.Rate this question:
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- 5.
Which of the following contributed to the term?
- A.
James Lewis
- B.
James Martin
- C.
Malcolm Knowles
- D.
Fred Magdoff
Correct Answer
D. Fred Magdoff -
- 6.
Which of the following does agrarian capitalism believe in?
- A.
Government
- B.
Surplus labour
- C.
Free Market
- D.
Abundance of food
Correct Answer
B. Surplus labourExplanation
Agrarian capitalism believes in the concept of surplus labour. This means that there is an excess of laborers available for work beyond what is necessary for basic subsistence. Agrarian capitalists view this surplus labor as a valuable resource that can be exploited for economic gain. They believe that by utilizing this surplus labor, agricultural production can be increased, leading to greater profits and economic growth.Rate this question:
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- 7.
What does the agrarian capitalism believe in more than making profit?
- A.
Meeting hunan needs
- B.
Socialism
- C.
Imperialism
- D.
Satisfying society
Correct Answer
A. Meeting hunan needsExplanation
Agrarian capitalism believes in meeting human needs more than making a profit. This means that the focus is on ensuring that the basic needs of individuals, such as food, shelter, and clothing, are met before prioritizing profits. This perspective emphasizes the importance of providing for the well-being and welfare of society as a whole.Rate this question:
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- 8.
Which of these authors proposed that agriculture should also be to make profit?
- A.
Richard Levins
- B.
Richard Levi
- C.
Leed Jones
- D.
Sand Reed
Correct Answer
A. Richard LevinsExplanation
Richard Levins proposed that agriculture should also be done to make a profit.Rate this question:
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- 9.
How many classes does the agrarian capitalism believe exist?
- A.
2
- B.
3
- C.
4
- D.
5
Correct Answer
A. 2Explanation
Agrarian capitalism believes that there are two classes in society. This theory suggests that there is a division between the land-owning class, which controls the means of production, and the laboring class, which sells their labor to the landowners. The two classes are seen as having conflicting interests, with the landowners seeking to maximize their profits while the laborers aim for fair wages and better working conditions. This division forms the basis of agrarian capitalism's understanding of social and economic relations.Rate this question:
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- 10.
What is agrarian capitalism all about?
- A.
Agriculture
- B.
Economy
- C.
Social change
- D.
Survival
Correct Answer
A. AgricultureExplanation
Agrarian capitalism refers to a system where agriculture is the dominant economic activity and plays a central role in the capitalist economy. It involves the commodification of agricultural products, the use of wage labor in farming, and the accumulation of capital through agricultural production. This system brings about significant social and economic changes, such as the transformation of rural communities, the emergence of a class of landowners and agricultural workers, and the integration of agriculture into the broader market economy.Rate this question:
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 18, 2023Quiz Edited by
ProProfs Editorial Team -
Jun 08, 2019Quiz Created by
Gregorynaomi
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