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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Where was New Harmony located?
(a) Manchester.
(b) London.
(c) Indiana.
(d) New York.

2. Charles Fourier is classified as _________. (fill in the blank)
(a) A Gloomy Economist.
(b) A Labor Unionist.
(c) An Utopian Socialist.
(d) An Economic Revolutionary.

3. Heilbroner describes a trial of a wealthy man before the church in Boston in what year?
(a) 1776.
(b) 1639.
(c) 1550.
(d) 1305.

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

5. Saint-Simone was a firm believer in _________. (fill in the blank)
(a) Laissez-faire.
(b) Physiocracy.
(c) The Law of Accumulation.
(d) Democracy.

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

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

8. Adam Smith was considered a non-conformist because he refused to do what before classes?
(a) Dress.
(b) Lecture.
(c) Pray.
(d) Prepare.

9. According to Heilbroner, economists changed the world not through __________, but through power of their ideas. (fill in the blank)
(a) Wealth.
(b) Mischief.
(c) Force.
(d) Laughter.

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

11. Smith was a firm believer in _______________, or leave the market alone. (fill in the blank)
(a) Laissez-faire.
(b) Macroeconomics.
(c) Physiocracy.
(d) Agricracy.

12. According to Malthus, how did nature control the resources of the world?
(a) Through death.
(b) Through poverty.
(c) Through famine.
(d) Through war.

13. The new philosophy of survival with the market system brought with it what new social problem?
(a) Getting the poor rich.
(b) Keeping the poor drunk.
(c) Getting the rich poor.
(d) Keeping the poor poor.

14. According to Ricardo, which class was the only class in English society which could benefit from its hold on grain prices?
(a) Poverty.
(b) Agricultural.
(c) Industial.
(d) Landholding.

15. "Each should do what was to his best monetary advantage" describes what system?
(a) Tradition.
(b) Authority.
(c) Market.
(d) Religion.

Short Answer Questions

1. To Heilbroner, what is the common denominator at the core of these men with diverse backgrounds?

2. In what year did Reverend Thomas Robert Malthus publish "An Essay on the Principle of Population as it Affects the Future Improvement of Society"?

3. Pamphlets printed at the time of his work compared Malthus with whom?

4. Malthus's essay earned economics the nickname _________. (fill in the blank)

5. How many years did it take Adam Smith to finish The Wealth of Nations?

(see the answer keys)

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