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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Only because man is ___________ he has succeeded. (fill in the blank)

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

3. What year was The Wealth of Nations published?

4. At the beginning of the 1800's, England had two strong classes emerge; an _________ class and an agricultural class. (fill in the blank)

5. Owen's idea called for the creation of _________. (fill in the blank)

Short Essay Questions

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

2. What is the role of self-interest in the market place, according to Adam Smith?

3. What was the market system?

4. How did David Ricardo view society?

5. What was the mission of the Grand National labor union?

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

7. What was New Lanark?

8. What is Adam Smith's Invisible Hand Theory?

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

How successful were the worldly philosophers in determining how the role of order and meaning functions within the context of social history? Support your answer with evidence and examples.

Essay Topic 2

Discuss in detail the two themes put forth in Adam Smith's Wealth of Nations.

Essay Topic 3

What did Keynes discover about what caused the business cycles, the alternating periods of prosperity and depression or boom and bust? What role does nervous hysteria play in these cycles?

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This section contains 842 words (approx. 3 pages at 300 words per page) View a FREE sample