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This quiz consists of 5 multiple choice and 5 short answer questions through The Visions of the Utopian Socialists.

Multiple Choice Questions

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

2. Owen's idea was totally contrary to the doctrine of _________. (fill in the blank)
(a) The Law of Accumulation.
(b) Democracy.
(c) Laissez-faire.
(d) Physiocracy.

3. One of the featured economists was never more than what?
(a) A hack.
(b) A drunk.
(c) A traveling salesman.
(d) An insurance salesman.

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

5. Who wrote the Tableau Economique?
(a) Smith.
(b) Hume.
(c) Quesnay.
(d) Locke.

Short Answer Questions

1. What has played a central role in population control in the Western hemisphere?

2. Adam Smith defined wealth in terms of what?

3. Pamphlets printed at the time of his work compared Malthus with whom?

4. By what decade was Malthus proved wrong?

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

(see the answer key)

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