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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 says the work of economist is both exciting and _________. (fill in the blank)
(a) Inconsequential.
(b) Dangerous.
(c) Boring.
(d) Controversial.

2. Who failed to recognize the wealth creating ability of labor?
(a) Quesnay.
(b) Hume.
(c) Smith.
(d) Locke.

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

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

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

Short Answer Questions

1. Saint-Simone was a firm believer in _________. (fill in the blank)

2. Who started New Lanark?

3. Eighteenth-century England thought the population to be somewhere around 5.5 million people, and it was not expected to double for approximately how many years?

4. One of the featured economists was never more than what?

5. Adam Smith defined wealth in terms of what?

(see the answer key)

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