Chapter 41: Reaction of Consumption on Production

1. What are complementary goods? Give some illustrations.

2. Can people live on the future, consuming in advance of production? How is it with the nation in time of war?

3. Does economic theory throw any light on the ethics of miserliness?

4. It is said that the demand of the day-laborer for cheap white shirts has reduced the wages of the women who make them. Criticize.

5. What effect on wealth would a change of climate have, whereby the consumption of coal would be decreased?

6. If manna fell from heaven daily in a climate where clothing and shelter were unnecessary, what effect on wealth would result?