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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. What has played a central role in population control in the Western hemisphere?
(a) Disease.
(b) War.
(c) Governments.
(d) Birth control.

2. Hobson's views fit right into the views of whom?
(a) Churchill.
(b) Lenin.
(c) Stalin.
(d) Hitler.

3. Why does Keynes resign his position from the Peace Conference?
(a) He wanted a more powerful position.
(b) He is opposed to the German reparation payments.
(c) He is opposed to the war.
(d) He is in favor of German reparation payments.

4. What year did Veblen die?
(a) 1927.
(b) 1930.
(c) 1931.
(d) 1929.

5. The second stop on Heilbroner's historical journey describes the number of markets visited by one man in 1550, in what country?
(a) France.
(b) America.
(c) England.
(d) Germany.

Short Answer Questions

1. _________ was based on true wealth only being created in agriculture. (fill in the blank)

2. Mill's book pointed out that the true province of economic law was production, not _________. (fill in the blank)

3. Veblen's family sent him to college to become __________. (fill in the blank)

4. In Mills' model, wages would rise as a result of accumulation of capital. Eventually, the accumulation process would come to an end and enter what stage?

5. The period that followed the stock market crash is referred to as __________. (fill in the blank)

(see the answer key)

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