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This quiz consists of 5 multiple choice and 5 short answer questions through The Heresies of John Maynard Keynes.

Multiple Choice Questions

1. Marx's radicalism was ____________ rather than political. (fill in the blank)
(a) Religious.
(b) Philosophical.
(c) Theoretical.
(d) Educational.

2. Marx and Engels thought the revolution would occur in an advanced industrial economy like _________. (fill in the blank)
(a) France.
(b) Germany.
(c) America.
(d) England.

3. Where did Karl Marx and Friedrich Engels meet?
(a) Brussels.
(b) Paris.
(c) London.
(d) Berlin.

4. What did President Hoover think would be banished from the nation in the late 1920's?
(a) Poverty.
(b) Discrimination.
(c) Investments.
(d) Prosperity.

5. In The Wealth of Nations, _________ are used as examples of how the market functions. (fill in the blank)
(a) Gloves and shoes.
(b) Boots and hats.
(c) Corn and wheat.
(d) Rents and costs.

Short Answer Questions

1. What did Marx's father hope he would study?

2. Where was The Communist Manifesto written?

3. What is Marx's theory of valuation is called?

4. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?

5. According to Marx, workers are paid _________. (fill in the blank)

(see the answer key)

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