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This quiz consists of 5 multiple choice and 5 short answer questions through The Contradictions of Joseph Schumpeter.

Multiple Choice Questions

1. Owen's idea was totally contrary to the doctrine of _________. (fill in the blank)
(a) The Law of Accumulation.
(b) Physiocracy.
(c) Democracy.
(d) Laissez-faire.

2. Malthus's essay earned economics the nickname _________. (fill in the blank)
(a) Dismal science.
(b) Population science.
(c) Death science.
(d) Wealth science.

3. Schumpeter presents his views about the 1930's in his book called __________. (fill in the blank)
(a) Poor Economics.
(b) The Great Depression.
(c) Innovators.
(d) Business Cycles.

4. During the Victorian period, economics became the province of __________. (fill in the blank)
(a) Politicians.
(b) Landowners.
(c) Lawyers.
(d) Professors.

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

Short Answer Questions

1. What did Edgeworth use to support his theories?

2. As imperialism waned or changed, what came into being?

3. Keynes felt the business cycles had to be countered by __________. (fill in the blank)

4. 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)

5. The Communist Manifesto first appeared in what year?

(see the answer key)

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