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

2. What year did Ricardo die?
(a) 1834.
(b) 1924.
(c) 1901.
(d) 1823.

3. What kind of survival has man faced from the earliest days on?
(a) Economic.
(b) Monetary.
(c) Marital.
(d) Social.

4. What did Malthus believe was the basic trouble with the world?
(a) Too much war.
(b) Too many people.
(c) Too few jobs.
(d) Too many landowners.

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

Short Answer Questions

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

2. In Mills' model, wages would rise as a result of accumulation of capital. Eventually, the accumulation process would come to an end and enter what stage?

3. Mill's book pointed out that the true province of economic law was production, not _________. (fill in the blank)

4. Owen's idea called for the creation of _________. (fill in the blank)

5. The new philosophy of survival with the market system brought with it what new social problem?

(see the answer key)

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