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This quiz consists of 5 multiple choice and 5 short answer questions through The Wonderful World of Adam Smith.

Multiple Choice Questions

1. _________ is a manner of organizing society so all tasks are performed. (fill in the blank)
(a) Social compatibility.
(b) Tradition.
(c) Self-reliance.
(d) Religion.

2. Heilbroner says through his book, the reader has embarked on _________. (fill in the blank)
(a) A journey to wealth.
(b) A journey through history.
(c) A journey to financial wisdom.
(d) A journey through hell.

3. Adam Smith was a lecturer in what area?
(a) Economic Philosphy.
(b) Religion.
(c) Religious Science.
(d) Moral Philosophy.

4. At what university was Adam Smith on the faculty?
(a) Oxford.
(b) Harvard.
(c) University of Glasgow.
(d) University of England.

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

Short Answer Questions

1. How many years did it take Adam Smith to finish The Wealth of Nations?

2. Smith was a firm believer in _______________, or leave the market alone. (fill in the blank)

3. One of the featured economists was never more than what?

4. _________ is concerned with finding some reason for the cosmos. (fill in the blank)

5. The first stop on Heilbroner's description of how economists became necessary to society is France in what year?

(see the answer key)

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