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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. Eventually the market system evolved with its necessary factors of _________ for production. (fill in the blank)
(a) Land, factories, and capital.
(b) Religion, custom, and authority.
(c) Land, labor, and capital.
(d) Traditions.

2. According to Marx, which class had something to fear?
(a) The farming class.
(b) The foreign class.
(c) The ruling class.
(d) The working class.

3. Who won a Nobel Prize for forcefully preaching the virtues of the free market?
(a) John Kenneth Galbraith.
(b) John Maynard Keynes.
(c) Milton Friedman.
(d) Karl Marx.

4. What did President Hoover think would be banished from the nation in the late 1920's?
(a) Discrimination.
(b) Prosperity.
(c) Investments.
(d) Poverty.

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

Short Answer Questions

1. What year did the British Labor Movement begin?

2. What helped bring an end to the religiousness of the population in Europe?

3. What nationality was Veblen's family?

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

5. During the Victorian period, economics became the province of __________. (fill in the blank)

(see the answer key)

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