2. Having spent some time in South Africa, Hobson returned to England and wrote what book?
(a) Progress.
(b) Imperialism.
(c) Capitalism.
(d) Capital.

3. Between 1870 and 1914, what percentage of English savings were invested abroad?
(a) 20%.
(b) 10%.
(c) 25%.
(d) 50%.

4. Schumpeter's book makes a distinction between ___________ successes and sociological successes. (fill in the blank)
(a) Global.
(b) Economic.
(c) Monetary.
(d) Philosophical.

5. Where was Joseph Schumpeter educated?
(a) University of Chicago.
(b) Cambridge.
(c) Harvard.
(d) University of Vienna.

6. Veblen's family sent him to college to become __________. (fill in the blank)
(a) A doctor.
(b) A teacher.
(c) A lawyer.
(d) A minister.

7. What did Veblen call individual churches?
(a) Houses of God.
(b) Retail outlets.
(c) Places of ill repute.
(d) Time wasters.

8. What was Henry George a believer in?
(a) Political economy.
(b) Imperialism.
(c) Phrenology.
(d) Socialism.

9. Keynes was involved in what important conference after World War II?
(a) Conference at Vienna.
(b) Peace Conference.
(c) United Nations.
(d) Bretton Woods.

10. Keynes defines prosperity and depression in terms of what?
(a) Output.
(b) Income.
(c) Distribution.
(d) Production.

11. According to Marx, workers are paid _________. (fill in the blank)
(a) Subsistence wages.
(b) Surplus value.
(c) Profits.
(d) A pitence.

12. Where did Keynes attend college?
(a) Cambridge.
(b) Eton.
(c) Oxford.
(d) Yale.

13. The stock market crashed in what year?
(a) 1927.
(b) 1930.
(c) 1932.
(d) 1929.

14. According to The Communist Manifesto, what would be a transition period followed by pure Communism?
(a) Populism.
(b) Phalansterism.
(c) Capitalism.
(d) Socialism.

15. What was the keynote to Thorstein Veblen's life?
(a) A sense of humor.
(b) Hard work.
(c) Eloquent speeches.
(d) Alienation from society.