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This quiz consists of 5 multiple choice and 5 short answer questions through Behind the Worldly Philosophy.

Multiple Choice Questions

1. The last chapter is concerned with the worldly philosopher's theories in ____________ sense. (fill in the blank)
(a) A historical.
(b) A political.
(c) An individual.
(d) A collective.

2. Because John A. Hobson was labeled as a __________, he turned his attention to South Africa. (fill in the blank)
(a) Heretic.
(b) Fantasizer.
(c) Communist.
(d) Genius.

3. Who presented his theory of economics in Calculus of Pleasure and Pain?
(a) Leon Walras.
(b) Stanley Jevrons.
(c) Frederic Bastiat.
(d) Francis Ysidro Edgeworth.

4. Owen's idea called for the creation of _________. (fill in the blank)
(a) More mills.
(b) Villages of Cooperation.
(c) Democratic governments.
(d) Mobs and protests.

5. Pamphlets printed at the time of his work compared Malthus with whom?
(a) God.
(b) Adam Smith.
(c) Satan.
(d) Napolean

Short Answer Questions

1. Whose work was Schumpeter more familiar with than any other Western economists?

2. It is the forces of ______ that make the market function according to Adam Smith. (fill in the blank)

3. As imperialism waned or changed, what came into being?

4. How many years did it take Marx to write Capital?

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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