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This quiz consists of 5 multiple choice and 5 short answer questions through The Economic Revolution.

Multiple Choice Questions

1. What did the market system become known as?
(a) Populism.
(b) Communism.
(c) Capitalism.
(d) Marxism.

2. Economists make order out of what, in Helibroner's opinion?
(a) Money.
(b) The abyss.
(c) Nothing.
(d) Social chaos.

3. Assigning tasks by command to ensure that all necessary tasks are performed is what type of system?
(a) Authority.
(b) Tradition.
(c) Religion.
(d) Market.

4. Heilbroner believes economists wield power greater than _________. (fill in the blank)
(a) Armies.
(b) God.
(c) Kings.
(d) Sword and scepter.

5. What are economists considered by the rules of schoolboy history books?
(a) Nonentities.
(b) Miracle workers.
(c) Gods.
(d) Princes.

Short Answer Questions

1. "Each should do what was to his best monetary advantage" describes what system?

2. The fact that man is _________ makes survival difficult. (fill in the blank)

3. Only because man is ___________ he has succeeded. (fill in the blank)

4. What is the biggest danger facing a modern community?

5. Most of the featured economists could never master _________. (fill in the blank)

(see the answer key)

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