Economic Systems: Practice Quiz for Non-market Economies

Practice Quiz for
Non-market Economies

No. of Questions= 11

INSTRUCTIONS: To answer a question, click the button in front of your choice. A response will appear in the window below the question to let you know if you are correct. Be sure to read the feedback. It is designed to help you learn the material. You can also learn by reading the feedback for incorrect answers.

1. Which of the following statements is true concerning non-market economies?

a) They are typically found in small-scale, isolated societies.

b) There usually is a high level of technological knowledge.

c) Large-scale collaboration on subsistence jobs is common.

d) all of the above

2. Standard economic analysis is inadequate in explaining how and why non-market economies function within societies that have them because ____________________________________________ ?

a) these societies lack a system for exchanging and distributing goods and services

b) economic profit is not the major motive for exchanging and distributing goods and services in these societies

c) barter and gift giving are not really means of exchanging goods or services

3. If, after several minutes of negotiation, you agree to trade three music CD's with a friend for his used copy of the textbook needed in your cultural anthropology class, it would be an example of ______________ .

a) barter

b) dumb barter

c) gift exchange

4. Gift giving is a common form of non-market exchange within small-scale societies. Which of the following statements is true concerning this sort of exchange?

a) It usually results in an inequality in the distribution of wealth within the community.

b) The primary motivation for this form of economic exchange in small-scale societies is not economic but social.

c) It is better to receive gifts from others because it results in your personal enrichment and increased political power.

5. The most common form of exchange in non-market economies between friendly small-scale societies is ________________________________ .

a) gift giving

b) face to face barter

c) dumb barter

d) the sale of goods using general purpose money as a medium of exchange

6. What normally functions as rudimentary credit institutions in non-market economies?

a) local banks that lend money at low interest rates

b) social ties including kinship

c) nothing serves the function of a credit institution in these societies---each family must fend for itself.

7. According to this tutorial, the crucial difference between gifts and sales is that _________________________________________________________ .

a) sales are more efficient than gifts in exchanging goods and services

b) more kinds of things can be exchanged by selling

c) gifts create and strengthen social relationships while sales usually do not

8. Formal market places are rare in isolated, small-scale societies because ______________________________________ .

a) the advantages of trading in them are slight since every household usually provides for its daily needs from its own production.

b) surpluses cannot be easily sent to areas of scarcity due to limited transportation capabilities

c) effective food preservation technology is usually not available so perishable items do not last long

d) all of the above

9. Which of the following statements is true of non-market economies?

a) They can only survive in isolation from the market economies of large-scale societies.

b) Most small-scale societies today still have thriving non-market economies.

c) Large-scale societies are beginning to give up their market economies in favor of non-market ones.

10. The concept of ownership in which land and other property rights are restricted by the overriding rights vested in the community as a whole is called _________________ .

a) vivaldi

b) usufruct

c) proprietary deed

11. Proprietary deed has been strongly supported by _____________________ .

a) the U.S. and Canadian national cultures, which are European in origin

b) most Native American cultures in the 19th century and earlier

c) both of the above

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This page was last updated onFriday, March 16, 2007.
Copyright � 2003-2005 by Dennis O'Neil. All rights reserved.

1.	Which of the following statements is true concerning non-market economies?


	a)	They are typically found in small-scale, isolated societies.
	b)	There usually is a high level of technological knowledge.
	c)	Large-scale collaboration on subsistence jobs is common.
	d)	all of the above


2.	Standard economic analysis is inadequate in explaining how and why non-market economies function within societies that have them because ____________________________________________ ?


	a)	these societies lack a system for exchanging and distributing goods and services
	b)	economic profit is not the major motive for exchanging and distributing goods and services in these societies
	c)	barter and gift giving are not really means of exchanging goods or services


3.	If, after several minutes of negotiation, you agree to trade three music CD's with a friend for his used copy of the textbook needed in your cultural anthropology class, it would be an example of ______________ .


	a)	barter
	b)	dumb barter
	c)	gift exchange


4.	Gift giving is a common form of non-market exchange within small-scale societies. Which of the following statements is true concerning this sort of exchange?


	a)	It usually results in an inequality in the distribution of wealth within the community.
	b)	The primary motivation for this form of economic exchange in small-scale societies is not economic but social.
	c)	It is better to receive gifts from others because it results in your personal enrichment and increased political power.


5.	The most common form of exchange in non-market economies between friendly small-scale societies is ________________________________ .


	a)	gift giving
	b)	face to face barter
	c)	dumb barter
	d)	the sale of goods using general purpose money as a medium of exchange


6.	What normally functions as rudimentary credit institutions in non-market economies?


	a)	local banks that lend money at low interest rates
	b)	social ties including kinship
	c)	nothing serves the function of a credit institution in these societies---each family must fend for itself.


7.	According to this tutorial, the crucial difference between gifts and sales is that _________________________________________________________ .


	a)	sales are more efficient than gifts in exchanging goods and services
	b)	more kinds of things can be exchanged by selling
	c)	gifts create and strengthen social relationships while sales usually do not


8.	Formal market places are rare in isolated, small-scale societies because ______________________________________ .


	a)	the advantages of trading in them are slight since every household usually provides for its daily needs from its own production.
	b)	surpluses cannot be easily sent to areas of scarcity due to limited transportation capabilities
	c)	effective food preservation technology is usually not available so perishable items do not last long
	d)	all of the above


9.	Which of the following statements is true of non-market economies?


	a)	They can only survive in isolation from the market economies of large-scale societies.
	b)	Most small-scale societies today still have thriving non-market economies.
	c)	Large-scale societies are beginning to give up their market economies in favor of non-market ones.


10.	The concept of ownership in which land and other property rights are restricted by the overriding rights vested in the community as a whole is called _________________ .


	a)	vivaldi
	b)	usufruct
	c)	proprietary deed


11.	Proprietary deed has been strongly supported by _____________________ .


	a)	the U.S. and Canadian national cultures, which are European in origin
	b)	most Native American cultures in the 19th century and earlier
	c)	both of the above