|Name: _________________________||Period: ___________________|
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?
(a) Law of Accumulation.
(b) Law of Assimilation.
(c) Law of Economics.
(d) Law of Population.
2. Robert Owen wanted to bring an end to what?
(a) Utopian communities.
(c) Assembly lines.
3. Heilbroner begins the book by saying it is limited to a small number of men who did more for history with _________ than famous men did. (fill in the blank)
4. What was the title of Adam Smith's first book?
(a) The Theory of Moral Sentiments.
(b) Essay on the Principles of Population.
(c) The Theory of Moral Philosophy.
(d) The Wealth of Nations.
5. Which legislation resulted in duties on grain imports and remained in effect for thirty years?
(a) British Market Laws.
(b) Parliment Laws.
(c) Wheat Laws.
(d) Corn Laws.
Short Answer Questions
1. Heilbroner says through his book, the reader has embarked on _________. (fill in the blank)
2. Malthus's essay earned economics the nickname _________. (fill in the blank)
3. By what year had crops reached near famine levels in England?
4. What year was The Wealth of Nations published?
5. Adam Smith left his university position to become a private tutor and traveled through which country?
Short Essay Questions
1. What does Heilbroner say that economists provide?
2. What was the premise of Adam Smith's first book, The Theory of Moral Sentiments?
3. How was English society divided at the time of Adam Smith?
4. What is the difference between markets and the market system?
5. What was New Lanark?
6. What does Heilbroner say is the core of economics?
7. Why does Heilbroner find it strange that people don't know about the worldly philosophers?
8. What was Owen's idea to combat poverty?
9. What were the beliefs of the Saint-Simonians?
10. How did the Corn Laws benefit the landowners?
This section contains 885 words
(approx. 3 pages at 300 words per page)