View a FREE sample

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

Multiple Choice Questions

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

2. Heilbroner says through his book, the reader has embarked on _________. (fill in the blank)
(a) A journey to financial wisdom.
(b) A journey through history.
(c) A journey through hell.
(d) A journey to wealth.

3. _________ was based on true wealth only being created in agriculture. (fill in the blank)
(a) Agricracy.
(b) Physiocracy.
(c) Macroeconomics.
(d) Laissez-faire.

4. Heilbroner believes economists wield power greater than _________. (fill in the blank)
(a) Sword and scepter.
(b) God.
(c) Kings.
(d) Armies.

5. What did the market system become known as?
(a) Communism.
(b) Marxism.
(c) Capitalism.
(d) Populism.

Short Answer Questions

1. Who failed to recognize the wealth creating ability of labor?

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

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

4. Heilbroner begins the book by saying it is limited to a small number of men who did more for history with _________ than famous men did. (fill in the blank)

5. John Stuart Mill's book was written when he was in his forties. What is the name of the book?

Short Essay Questions

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

2. How does Heilbroner describe the nine economist in his introduction?

3. What factors determine a nation's wealth, according to Adam Smith?

4. What was the market system?

5. Why did economics not begin with Adam Smith as many people believe?

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

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

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

9. Who was Count Henri de Rouvroy de Saint-Simone?

10. What is the greatest danger to survival in an advanced society?

(see the answer keys)

This section contains 924 words (approx. 4 pages at 300 words per page) View a FREE sample