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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. What was the title of Adam Smith's first book?
(a) The Theory of Moral Sentiments.
(b) Essay on the Principles of Population.
(c) The Theory of Moral Philosophy.
(d) The Wealth of Nations.

2. According to Mills, there would be a gradual disappearance of what?
(a) Capitalism.
(b) Wealth.
(c) Wages.
(d) Factories.

3. In Mills' model, wages would rise as a result of accumulation of capital. Eventually, the accumulation process would come to an end and enter what stage?
(a) Communism.
(b) Capitalism.
(c) Benign socialism.
(d) Phanlansteries.

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

5. According to Malthus, the size of the population is limited by what?
(a) Wealth.
(b) Production.
(c) Food supply.
(d) Land.

Short Answer Questions

1. _________ is concerned with finding some reason for the cosmos. (fill in the blank)

2. Robert Owen wanted to bring an end to what?

3. At what university was Adam Smith on the faculty?

4. Adam Smith was considered a non-conformist because he refused to do what before classes?

5. Dr. Richard Price felt that the population had declined by how much?

Short Essay Questions

1. What were the beliefs of the Saint-Simonians?

2. What does Heilbroner say that economists provide?

3. What led to the introduction of a poor-relief bill and what did it encourage?

4. How did Charles Fourier propose to reorganize the Earth he believed was characterized by chaos and unhappiness?

5. How was English society divided at the time of Adam Smith?

6. What is the difference between markets and the market system?

7. How did David Ricardo view society?

8. Why does Heilbroner find it strange that people don't know about the worldly philosophers?

9. What is the proof that there is not a perfect solution to man's survival?

10. What was the market system?

(see the answer keys)

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