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

2. Adam Smith left his university position to become a private tutor and traveled through which country?
(a) America.
(b) France.
(c) Russia.
(d) China.

3. Where was Adam Smith educated?
(a) University of Glasgow.
(b) Harvard.
(c) Oxford.
(d) University of England.

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

5. Adam Smith defined wealth in terms of what?
(a) Land.
(b) Produce.
(c) Goods.
(d) Gold.

Short Answer Questions

1. The society that Marx believed would follow capitalism would be _________. (fill in the blank)

2. The Communist Manifesto first appeared in what year?

3. The Communist Manifesto was the platform for _________. (fill in the blank)

4. What nationality is Karl Marx?

5. Keynes felt the business cycles had to be countered by __________. (fill in the blank)

(see the answer key)

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