Find all School-related info fast with the new School-Specific MBA Forum

It is currently 24 Jul 2014, 07:37

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Agricultural progress provided the stimulus necessary to set

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
3 KUDOS received
Senior Manager
Senior Manager
avatar
Joined: 07 Nov 2009
Posts: 313
Followers: 3

Kudos [?]: 53 [3] , given: 20

Agricultural progress provided the stimulus necessary to set [#permalink] New post 23 Jul 2010, 20:53
3
This post received
KUDOS
Agricultural progress provided the stimulus necessary to set off economic expansion in medieval France. As long as those who worked the land were barely able to ensure their own subsistence and that of their landlords, all other activities had to be minimal, but when food surpluses increased, it became possible to release more people for governmental, commercial, religious and cultural pursuits.
However, not all the funds from the agricultural surplus were actually available for commercial investment. Much of the surplus, in the form of food increases, probably went to raise the subsistence level; an additional amount, in the form of currency gained from the sale of food, went into the royal treasury to be used in waging war. Although Louis VII of France levied a less crushing tax burden on his subjects than did England’s Henry II, Louis VII did spend great sums on an unsuccessful crusade, and his vassals—both lay and ecclesiastic—took over spending where their sovereign stopped. Surplus funds were claimed both by the Church and by feudal landholders, whereupon cathedrals and castles mushroomed throughout France.
The simultaneous progress of cathedral building and, for instance, vineyard expansion in Bordeaux illustrates the very real competition for available capital between the Church and commercial interests; the former produced inestimable moral and artistic riches, but the latter had a stronger immediate impact upon gross national product. Moreover, though all wars by definition are defensive, the frequent crossings of armies that lived off the land and impartially burned all the huts and barns on their path consumed considerable resources.
Since demands on the agricultural surplus would have varied from year to year, we cannot precisely calculate their impact on the commercial growth of medieval France. But we must bear that impact in mind when estimating the assets that were likely to have been available for investment. No doubt castle and cathedral building was not totally barren of profit (for the builders, that is), and it produced intangible dividends of material and moral satisfaction for the community. Even wars handed back a fragment of what they took, at least to a few. Still, we cannot place on the same plane a primarily destructive activity and a constructive one, nor expect the same results from a new bell tower as from a new water mill. Above all, medieval France had little room for investment over and above the preservation of life. Granted that war cost much less than it does today, that the Church rendered all sorts of educational and recreational services that were unobtainable elsewhere, and that government was far less demanding than is the modern state—nevertheless, for medieval men and women, supporting commercial development required considerable economic sacrifice.
1. According to the passage, agricultural revenues in excess of the amount needed for subsistence were used by medieval kings to
(A) patronize the arts
(B) sponsor public recreation
(C) wage war
(D) build cathedrals
(E) fund public education
2. According to the passage, which of the following was an important source of revenue in medieval France?
(A) Cheese
(B) Wine
(C) Wool
(D) Olive oil
(E) Veal
3. The passage suggests that which of the following would have reduced the assets immediately available for commercial investment in medieval France?
I. Renovation of a large cathedral
II. A sharp increase in the birth rate
III. An invasion of France by Henry II
(A) III only
(B) I and II only
(C) I and III only
(D) II and III only
(E) I, II, and III
4. It can be inferred from the passage that more people could enter government and the Church in medieval France because
(A) the number of individual landholdings in heavily agricultural areas was beginning to increase
(B) an increase in the volume of international trade had brought an increase in the population of cities
(C) a decrease in warfare had allowed the king to decrease the size of the army
(D) food producers could grow more food than they and their families needed to survive
(E) landlords were prospering and thus were demanding a smaller percentage of tenants’ annual yields
5. The author implies that the reason we cannot expect the same results from a new bell tower as from a new water mill is that
(A) bell towers yield an intangible dividend
(B) bell towers provide material satisfaction
(C) water mills cost more to build than bell towers
(D) water mills divert funds from commerce
(E) water mills might well be destroyed by war
6. The author of the passage most probably bases his central argument on which of the following theoretical assumptions often made by economists?
(A) Different people should be taxed in proportion to the benefit they can expect to receive from public activity.
(B) Perfect competition exists only in the case where no farmer, merchant, or laborer controls a large enough share of the total market to influence market price.
(C) A population wealthy enough to cut back its rate of consumption can funnel the resulting savings into the creation of capital.
(D) A full-employment economy must always, to produce one good, give up producing another good.
(E) There is a universal tendency for population, unless checked by food supply, to increase in a geometric progression.
7. The author suggests that commercial expansion in medieval France “required considerable economic sacrifice” (lines 59-60) primarily for which of the following reasons?
(A) Cathedrals cost more to build and rebuild than did castles.
(B) The numerous wars fought during the period left the royal treasury bankrupt.
(C) Louis VII levied a more crushing tax burden on his subjects than did Henry II.
(D) Although much of the available surplus had been diverted into vineyard expansion, the vineyards had not yet begun to produce.
(E) Although more food was being produced, the subsistence level was not very far above the minimum required to sustain life.
8. The passage implies that which of the following yielded the lowest dividend to medieval men and women relative to its cost?
(A) Warfare
(B) Vineyard expansion
(C) Water mill construction
(D) Castle building
(E) Cathedral building
9. Which of the following statements best expresses the central idea of the passage?
(A) Commercial growth in medieval France may be accurately computed by calculating the number of castles and cathedrals built during the period.
(B) Competition between the Church and the feudal aristocracy for funds created by agricultural surplus demonstrably slowed the economic growth of medieval France.
(C) Despite such burdens as war and capital expansion by landholders, commerce in medieval France expanded steadily as the agricultural surplus increased.
(D) Funds actually available for commerce in medieval France varied with the demands placed on the agricultural surplus.
(E) The simultaneous progress of vineyard expansion and building in medieval France gives evidence of a rapidly expanding economy.

Got almost all the questions wrong.. :( .. Please explain the answers .
OA will follow
Manager
Manager
avatar
Joined: 21 Jul 2010
Posts: 57
Location: currently in Taiwan
Schools: Top Taiwanese university
Followers: 1

Kudos [?]: 1 [0], given: 0

Re: Agricultural progress [#permalink] New post 25 Jul 2010, 19:48
C
B
C or A not sure
D
D
D
A
B
that's what I got
please post the OA
B
Manager
Manager
avatar
Joined: 14 Apr 2010
Posts: 230
Followers: 2

Kudos [?]: 18 [0], given: 1

GMAT Tests User
Re: Agricultural progress [#permalink] New post 26 Jul 2010, 21:05
c
d
c
d
b
d
d
c
d
Manager
Manager
avatar
Joined: 03 Jun 2010
Posts: 108
Followers: 2

Kudos [?]: 6 [0], given: 0

Re: Agricultural progress [#permalink] New post 27 Aug 2010, 13:21
c
d
c
d
b
d
d
b
b
Senior Manager
Senior Manager
avatar
Joined: 07 Nov 2009
Posts: 313
Followers: 3

Kudos [?]: 53 [0], given: 20

Re: Agricultural progress [#permalink] New post 27 Aug 2010, 20:44
OA's are:
1. C 2. B 3. E 4. D 5. A
6. C 7. E 8. A 9. D
Joined: 31 Dec 1969
Location: United States
Concentration: Marketing, Other
GMAT 1: 710 Q49 V38
GMAT 2: 660 Q V
GPA: 3.64
WE: Accounting (Accounting)
Followers: 0

Kudos [?]: 50 [0], given: 74998

Re: Agricultural progress [#permalink] New post 26 Sep 2010, 17:38
I disagree with the OA for Question 3.

I think the answer is C

The passage mentions these factors as detracting from the funds available for commercial investment:
- waging war
- cathedral building (from which we can assume that funding for cathedral renovation comes from the same source as funding for cathedral building. I doubt that a real GMAT question would require the reader to make this leap, small as it is. It's possible that the church staff perform small renovations in their spare time, causing no impact to funding available for commercial investment)

Nowhere does the passage make any reference to a correlation between birth rate and reduction of assets available for commercial investment. While it makes logical sense that a sharp increase in the birthrate would reduce the agricultural surplus and thereby reduce the assets available for commercial investment, real GMAT questions do not require readers to make such assumptions. In fact, wrong answers in real GMAT questions often come from such assumptions. The MGMAT Reading Comprehension book makes it very clear that introducing outside information is a very bad idea. The GMAT tests your ability to understand the passage, not your ability to connect it with whatever else you may know about the topic.
Intern
Intern
avatar
Joined: 16 Sep 2010
Posts: 22
Followers: 0

Kudos [?]: 1 [0], given: 0

Re: Agricultural progress [#permalink] New post 27 Sep 2010, 04:29
Got 7 out of 9 correct. But I took 14 minutes to answer all the questions!

Where did u get this RC from?
Manager
Manager
User avatar
Joined: 13 Apr 2010
Posts: 173
Location: singapore
Schools: Wharton,NY Stern,INSEAD,Stanford
Followers: 2

Kudos [?]: 28 [0], given: 25

GMAT ToolKit User GMAT Tests User
Re: Agricultural progress [#permalink] New post 30 Oct 2010, 07:40
Took 24 mins..
_________________

Regards,
Nagesh
My GMAT Study Plan: my-gmat-study-plan-112833.html
Idioms List : gmat-idioms-104283.html?hilit=idioms#p813231
--------------------------------------
Consider Kudos if you like my posts

Intern
Intern
avatar
Joined: 19 Jul 2010
Posts: 26
Followers: 0

Kudos [?]: 5 [0], given: 1

Re: Agricultural progress [#permalink] New post 11 Nov 2010, 19:51
I agree with Beavisman... because that is the question I got wrong! 8-)
1.c 2.b 3.c 4.c 5.a 6.c 7.e 8.a 9.d

Hard to see why birth rates, not mentioned directly/indirectly in the passage, is a valid answer choice.
Senior Manager
Senior Manager
avatar
Status: swimming against the current
Joined: 24 Jul 2009
Posts: 252
Location: Chennai, India
Followers: 4

Kudos [?]: 39 [0], given: 30

GMAT Tests User
Re: Agricultural progress [#permalink] New post 15 Nov 2010, 07:28
taking it from a gmat perspective 4/5 (the first 5 q's)
_________________

Gonna make it this time

Senior Manager
Senior Manager
avatar
Status: swimming against the current
Joined: 24 Jul 2009
Posts: 252
Location: Chennai, India
Followers: 4

Kudos [?]: 39 [0], given: 30

GMAT Tests User
Re: Agricultural progress [#permalink] New post 15 Nov 2010, 07:36
Rohit,
I am not good at RC(verbal for that matter), but let me try.

Agricultural progress provided the stimulus necessary to set off economic expansion in medieval France. As long as those who worked the land were barely able to ensure their own subsistence and that of their landlords, all other activities had to be minimal, but when food surpluses increased, it became possible to release more people for governmental, commercial, religious and cultural pursuits.However, not all the funds from the agricultural surplus were actually available for commercial investment. Much of the surplus, in the form of food increases, probably went to raise the subsistence level; an additional amount, in the form of currency gained from the sale of food, went into the royal treasury to be used in waging war. Although Louis VII of France levied a less crushing tax burden on his subjects than did England’s Henry II, Louis VII did spend great sums on an unsuccessful crusade, and his vassals—both lay and ecclesiastic—took over spending where their sovereign stopped. Surplus funds were claimed both by the Church and by feudal landholders, whereupon cathedrals and castles mushroomed throughout France.
The simultaneous progress of cathedral building and, for instance, vineyard expansion in Bordeaux illustrates the very real competition for available capital between the Church and commercial interests; the former produced inestimable moral and artistic riches, but the latter had a stronger immediate impact upon gross national product. Moreover, though all wars by definition are defensive, the frequent crossings of armies that lived off the land and impartially burned all the huts and barns on their path consumed considerable resources.
Since demands on the agricultural surplus would have varied from year to year, we cannot precisely calculate their impact on the commercial growth of medieval France. But we must bear that impact in mind when estimating the assets that were likely to have been available for investment. No doubt castle and cathedral building was not totally barren of profit (for the builders, that is), and it produced intangible dividends of material and moral satisfaction for the community. Even wars handed back a fragment of what they took, at least to a few. Still, we cannot place on the same plane a primarily destructive activity and a constructive one, nor expect the same results from a new bell tower as from a new water mill. Above all, medieval France had little room for investment over and above the preservation of life. Granted that war cost much less than it does today, that the Church rendered all sorts of educational and recreational services that were unobtainable elsewhere, and that government was far less demanding than is the modern state—nevertheless, for medieval men and women, supporting commercial development required considerable economic sacrifice.
1. According to the passage, agricultural revenues in excess of the amount needed for subsistence were used by medieval kings to
(A) patronize the arts
(B) sponsor public recreation
(C) wage war clearly stated in the passage
(D) build cathedrals
(E) fund public education
2. According to the passage, which of the following was an important source of revenue in medieval France?
(A) Cheese
(B) Wine - The one highlighted with the same clor
(C) Wool
(D) Olive oil
(E) Veal
3. The passage suggests that which of the following would have reduced the assets immediately available for commercial investment in medieval France?
I. Renovation of a large cathedral
II. A sharp increase in the birth rate
III. An invasion of France by Henry II
(A) III only
(B) I and II only
(C) I and III only
(D) II and III only
(E) I, II, and III
4. It can be inferred from the passage that more people could enter government and the Church in medieval France because
(A) the number of individual landholdings in heavily agricultural areas was beginning to increase
(B) an increase in the volume of international trade had brought an increase in the population of cities
(C) a decrease in warfare had allowed the king to decrease the size of the army
(D) food producers could grow more food than they and their families needed to survive(E) landlords were prospering and thus were demanding a smaller percentage of tenants’ annual yields
5. The author implies that the reason we cannot expect the same results from a new bell tower as from a new water mill is that
(A) bell towers yield an intangible dividend
(B) bell towers provide material satisfaction
(C) water mills cost more to build than bell towers
(D) water mills divert funds from commerce
(E) water mills might well be destroyed by war
_________________

Gonna make it this time

Intern
Intern
avatar
Joined: 01 Dec 2010
Posts: 4
Followers: 0

Kudos [?]: 1 [0], given: 0

Re: Agricultural progress [#permalink] New post 16 Dec 2010, 21:48
BeavisMan wrote:
I disagree with the OA for Question 3.

I think the answer is C

The passage mentions these factors as detracting from the funds available for commercial investment:
- waging war
- cathedral building (from which we can assume that funding for cathedral renovation comes from the same source as funding for cathedral building. I doubt that a real GMAT question would require the reader to make this leap, small as it is. It's possible that the church staff perform small renovations in their spare time, causing no impact to funding available for commercial investment)

Nowhere does the passage make any reference to a correlation between birth rate and reduction of assets available for commercial investment. While it makes logical sense that a sharp increase in the birthrate would reduce the agricultural surplus and thereby reduce the assets available for commercial investment, real GMAT questions do not require readers to make such assumptions. In fact, wrong answers in real GMAT questions often come from such assumptions. The MGMAT Reading Comprehension book makes it very clear that introducing outside information is a very bad idea. The GMAT tests your ability to understand the passage, not your ability to connect it with whatever else you may know about the topic.


3. (E) is correct. Look carefully at the last paragraph

"But we must bear that impact in mind when estimating the assets that were likely to have been available for investment."
This goes on to describe :
1) No doubt castle and cathedral building was not totally barren of profit - building castles has an impact (reduces assets)
2) Even wars handed back a fragment of what they took, at least to a few - Despite its cost, it gave back, albeit a little
3) Above all, medieval France had little room for investment over and above the preservation of life - No place for additional people. Had birth rate risen, this would have had a big impact. But there was no room, but it definitely is not unaccounted for!!!

This seems like a really odd one though - usually GMAT RC inferences don't expect you to go above and beyond what's asked in a passage!!!
Manager
Manager
avatar
Status: Bunuel's fan!
Joined: 08 Jul 2011
Posts: 238
Followers: 0

Kudos [?]: 16 [0], given: 55

Re: Agricultural progress provided the stimulus necessary to set [#permalink] New post 22 Apr 2012, 08:53
I am so proud of myself, only got one wrong in 10.xx mins total.
Re: Agricultural progress provided the stimulus necessary to set   [#permalink] 22 Apr 2012, 08:53
    Similar topics Author Replies Last post
Similar
Topics:
Scoring 46+ in quant , is the MGMAT set of 5 necessary ? georgepaul0071987 4 05 Nov 2011, 23:39
Experts publish their posts in the topic Evaluate my Profile - Hav provided necessary info concisely JayKay 2 06 Jul 2011, 14:03
Progression ISB2011 1 25 Apr 2010, 11:22
Progress? josh478 6 05 Nov 2006, 18:13
Progress OasisNYK 5 29 May 2006, 06:43
Display posts from previous: Sort by

Agricultural progress provided the stimulus necessary to set

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.