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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. According to Heilbroner, these men who have had such an impact on society are known as _________. (fill in the blank)

2. Saint-Simone was a firm believer in _________. (fill in the blank)

3. What are economists considered by the rules of schoolboy history books?

4. Who wrote the Tableau Economique?

5. Heilbroner believes economists wield power greater than _________. (fill in the blank)

Short Essay Questions

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

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

3. What was Owen's idea to combat poverty?

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

5. What does Heilbroner say in his introduction that the worldly philosophers did "quietly and inconspicuously"?

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

7. How did Ricardo and Malthus differ in their views?

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

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

10. What does Heilbroner say that economists provide?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What was the main thrust of The Communist Manifesto, and why did it have such a long-term impact on society?

Essay Topic 2

Explain the historical and philosophical roots of capitalism. Use specific evidence from the book to support your explanation.

Essay Topic 3

What role did imperialism play in permanently altering capitalism? What did imperialism ultimately lead to? What impact did that have on modern economic theories?

(see the answer keys)

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