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

2. John Stuart Mill's book was written when he was in his forties. What is the name of the book?
(a) Essay on the Principles of Population.
(b) Principles of Economic Success.
(c) The Wealth of Nations.
(d) Principles of Political Economy.

3. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?
(a) Law of Population.
(b) Law of Assimilation.
(c) Law of Economics.
(d) Law of Accumulation.

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

5. The first stop on Heilbroner's description of how economists became necessary to society is France in what year?
(a) 1550.
(b) 1305.
(c) 1776.
(d) 1630.

Short Answer Questions

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

2. Adam Smith was considered a non-conformist because he refused to do what before classes?

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

4. In ancient society, there was no need for political economy or to see what made the economy function because it was all based on what?

5. Assigning tasks by command to ensure that all necessary tasks are performed is what type of system?

(see the answer key)

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