View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through The Victorian World and the Underworld of Economics.

Multiple Choice Questions

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

2. Henry George's favorite idea was called __________. (fill in the blank)
(a) The big tax.
(b) Taxation without representation.
(c) The single tax.
(d) Villages of Cooperation.

3. Ricardo was the son of a Jewish merchant banker from _________. (fill in the blank)
(a) Holland.
(b) England.
(c) Germany.
(d) France.

4. Who failed to recognize the wealth creating ability of labor?
(a) Locke.
(b) Smith.
(c) Quesnay.
(d) Hume.

5. What was Ricardo's job?
(a) Landlord.
(b) Researcher.
(c) Stockbroker.
(d) Professor.

Short Answer Questions

1. What year did the British Labor Movement begin?

2. What kind of survival has man faced from the earliest days on?

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

4. What describes how investment can lead to greater output?

5. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?

(see the answer key)

This section contains 178 words (approx. 1 page at 300 words per page) View a FREE sample