I

1. Make a list of a number of familiar commodities, and divide them
into three classes for the purpose of testing the error of the labor
theory of value, and the truth of the scarcity-utility theory.
(Consult Section 159.)

2. Make a study of unemployment in your locality, with particular
reference to unemployment due to

(a) climatic changes,

(b) changes in fashion,

(c) accidents, such as fire, flood or earthquake.

3. Interview an elderly friend or relative, with the purpose of
securing a definite idea of the condition of the working classes a
half century ago. Contrast with the condition of the laborers to-day.

4. Make a list of the notable inventions of the nineteenth century. To
what extent has each increased the productivity and well-being of the
various occupational groups in your community?


II

5. History of socialism. (Consult an encyclopedia.)

6. Varieties of socialism. (Ely, _Outlines of Economics_, chapter