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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. Heilbroner describes a trial of a wealthy man before the church in Boston in what year?
(a) 1550.
(b) 1305.
(c) 1639.
(d) 1776.

2. By what year had crops reached near famine levels in England?
(a) 1813.
(b) 1776.
(c) 1798.
(d) 1801.

3. Which legislation resulted in duties on grain imports and remained in effect for thirty years?
(a) Wheat Laws.
(b) Parliment Laws.
(c) British Market Laws.
(d) Corn Laws.

4. It is the forces of ______ that make the market function according to Adam Smith. (fill in the blank)
(a) Gold.
(b) Competition.
(c) Wealth.
(d) Nature.

5. Most of the featured economists could never master _________. (fill in the blank)
(a) Their personal lives.
(b) Wall Street.
(c) Their personal finances.
(d) The social world.

Short Answer Questions

1. What describes how investment can lead to greater output?

2. Adam Smith was a lecturer in what area?

3. The second stop on Heilbroner's historical journey describes the number of markets visited by one man in 1550, in what country?

4. The mistakes of economist are nothing short of _________. (fill in the blank)

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

(see the answer key)

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