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This quiz consists of 5 multiple choice and 5 short answer questions through The Heresies of John Maynard Keynes.

Multiple Choice Questions

1. Where was Adam Smith educated?
(a) Oxford.
(b) Harvard.
(c) University of Glasgow.
(d) University of England.

2. The economist Adam Smith lived during which time period?
(a) The American Revolution.
(b) The Great Depression.
(c) The American Gold Rush.
(d) The French Revolution.

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

4. The market system was compelled largely by what idea?
(a) Gain.
(b) Work.
(c) Need.
(d) Loss.

5. What does Heilbroner think is strange about ancient civilizations?
(a) There was no plan for survival.
(b) There was no currency.
(c) There were no economists.
(d) There were no rulers.

Short Answer Questions

1. According to Heilbroner, these men who have had such an impact on society are known as _________. (fill in the blank)

2. What has played a central role in population control in the Western hemisphere?

3. What are economists considered by the rules of schoolboy history books?

4. What year was The Wealth of Nations published?

5. What were the economic thinkers of the Victorian period known as?

(see the answer key)

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