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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. _________ was based on true wealth only being created in agriculture. (fill in the blank)
(a) Physiocracy.
(b) Laissez-faire.
(c) Agricracy.
(d) Macroeconomics.

2. The followers of Saint-Simone proposed an end to _________. (fill in the blank)
(a) Villages of Cooperation.
(b) Democracy.
(c) Industrial production.
(d) Private property.

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

4. Adam Smith left his university position to become a private tutor and traveled through which country?
(a) Russia.
(b) America.
(c) China.
(d) France.

5. What did the market system become known as?
(a) Communism.
(b) Marxism.
(c) Populism.
(d) Capitalism.

Short Answer Questions

1. At what university was Adam Smith on the faculty?

2. Who failed to recognize the wealth creating ability of labor?

3. Heilbroner describes a trial of a wealthy man before the church in Boston in what year?

4. What does Heilbroner think is strange about ancient civilizations?

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

(see the answer key)

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