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This quiz consists of 5 multiple choice and 5 short answer questions through The Gloomy Presentiments of Parson Malthus and David Ricardo.

Multiple Choice Questions

1. The second stop on Heilbroner's historical journey describes the number of markets visited by one man in 1550, in what country?
(a) Germany.
(b) England.
(c) France.
(d) America.

2. Malthus continued to work on his theory of population and the food supply and assumed that humans could double their number every _________. (fill in the blank)
(a) Twenty-five years.
(b) Fifty Years.
(c) Thirty-five years.
(d) Twenty years.

3. What was the title of Adam Smith's first book?
(a) The Wealth of Nations.
(b) The Theory of Moral Sentiments.
(c) The Theory of Moral Philosophy.
(d) Essay on the Principles of Population.

4. According to Ricardo, which class was the only class in English society which could benefit from its hold on grain prices?
(a) Poverty.
(b) Industial.
(c) Landholding.
(d) Agricultural.

5. What did the market system become known as?
(a) Marxism.
(b) Populism.
(c) Capitalism.
(d) Communism.

Short Answer Questions

1. Adam Smith was considered a non-conformist because he refused to do what before classes?

2. What did Heilbroner say was one of the factors bringing about the economic changes to a market system?

3. Heilbroner says the work of economist is both exciting and _________. (fill in the blank)

4. What year was The Wealth of Nations published?

5. Adam Smith defined wealth in terms of what?

(see the answer key)

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