View a FREE sample

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

Multiple Choice Questions

1. Leon Walras felt that math could be used to determine what?
(a) The lowest price of a good.
(b) The highest price of a good.
(c) The equilibrium price of a good.
(d) The profitable price of a good.

2. What is the biggest danger facing a modern community?
(a) Human predictability.
(b) Economics.
(c) Human unpredictability.
(d) Excommunication.

3. The first stop on Heilbroner's description of how economists became necessary to society is France in what year?
(a) 1630.
(b) 1776.
(c) 1550.
(d) 1305.

4. According to Marx, which class had something to fear?
(a) The working class.
(b) The farming class.
(c) The ruling class.
(d) The foreign class.

5. Henry George's views were published in his book called __________. (fill in the blank)
(a) Progress and Poverty.
(b) The Wealth of Nations.
(c) The Condition of the Working Class.
(d) Principles of Political Economy.

Short Answer Questions

1. Who started New Lanark?

2. What year was The Wealth of Nations published?

3. Hobson's views fit right into the views of whom?

4. What did President Hoover think would be banished from the nation in the late 1920's?

5. While in prison, who did Saint-Simone claim appeared to him, telling him to become a philosopher?

(see the answer key)

This section contains 199 words (approx. 1 page at 300 words per page) View a FREE sample