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This quiz consists of 5 multiple choice and 5 short answer questions through The Heresies of John Maynard Keynes.

Multiple Choice Questions

1. Adam Smith was considered a non-conformist because he refused to do what before classes?
(a) Lecture.
(b) Prepare.
(c) Dress.
(d) Pray.

2. The society that Marx believed would follow capitalism would be _________. (fill in the blank)
(a) Well-planned.
(b) Classless.
(c) Wealthy.
(d) Profitable.

3. How many years did it take Marx to write Capital?
(a) 5 years.
(b) 16 years.
(c) 18 years.
(d) 12 years.

4. What was the name of the publication of Engels' impressions after working for his father's textile business in England?
(a) The Wealth of Nations.
(b) The Condition of the Working Class.
(c) Economic Laws of the Time.
(d) Principles of Political Economy.

5. The period that followed the stock market crash is referred to as __________. (fill in the blank)
(a) The Golden Age.
(b) The Great Recession.
(c) The Great Depression.
(d) The Fall of Mankind.

Short Answer Questions

1. According to Engels and Marx, what does "dialectical" mean?

2. Smith was a firm believer in _______________, or leave the market alone. (fill in the blank)

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

4. Where did Keynes attend college?

5. According to The Communist Manifesto, what would be a transition period followed by pure Communism?

(see the answer key)

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