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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. According to Heilbroner, these men who have had such an impact on society are known as _________. (fill in the blank)
(a) The Great Economists.
(b) The Miracle Workers.
(c) The Nine Influences.
(d) The Money Makers.

2. The mistakes of economist are nothing short of _________. (fill in the blank)
(a) Impossible.
(b) Calamitous.
(c) Rare.
(d) Inconsequential.

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

4. The new philosophy of survival with the market system brought with it what new social problem?
(a) Getting the rich poor.
(b) Keeping the poor drunk.
(c) Getting the poor rich.
(d) Keeping the poor poor.

5. The market system was compelled largely by what idea?
(a) Need.
(b) Work.
(c) Gain.
(d) Loss.

Short Answer Questions

1. Heilbroner says through his book, the reader has embarked on _________. (fill in the blank)

2. Who wrote the Tableau Economique?

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

4. The economist Adam Smith lived during which time period?

5. What kind of survival has man faced from the earliest days on?

(see the answer key)

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