First Principles of Political Economy, Concisely Presented for the Use of Classes in High Schools And Academies
The book First Principles of Political Economy, Concisely Presented for the Use of Classes in High Schools And Academies was written by author Aaron Lucius Chapin Here you can read free online of First Principles of Political Economy, Concisely Presented for the Use of Classes in High Schools And Academies book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is First Principles of Political Economy, Concisely Presented for the Use of Classes in High Schools And Academies a good or bad book?
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1. Ilkistrate tlie relation of consumption to production In a particular instance. 2. Are all men producers ? Are all consumers ? INVOLUNTARY CONSUMPTION. 49 3. Illustrate the definition of consumption by the ordi- nary expenses of a family. 4. Can you think of any gratification which can he attained witliout some destruction of value ? 5. When a barrel of flour is made into bread, what is consumed ? 6. When the bread is eaten, what other consumption takes place ? 7. When a manufactory stands i...dle for six months, what kind of consumption is involved ? 8. Why is it good economy for a farmer to keep his tools and machines under cover when not in use ? 9. The burning of Chicago created a great demand for labor and materials for rebuilding : was the loss occasioned by the fire thereby diminished ? 10. A ship and cargo, worth together half a million dol- lars, were totally wrecked at sea; but thirty days after- ward insurance amounting to four-fifths of their value was paid to the owners. What was the total destruction Df value involved, and on whom did the loss fall ?
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