View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through The Contradictions of Joseph Schumpeter.

Multiple Choice Questions

1. The new philosophy of survival with the market system brought with it what new social problem?
(a) Getting the poor rich.
(b) Getting the rich poor.
(c) Keeping the poor poor.
(d) Keeping the poor drunk.

2. What did Heilbroner say was one of the factors bringing about the economic changes to a market system?
(a) Foreign exploration.
(b) The end of religion.
(c) The Industrial Revolution.
(d) The growth of factories.

3. The world of economics was subject to the ridicule of whom?
(a) Stanley Jevrons.
(b) Frederic Bastiat.
(c) Francis Ysidro Edgeworth.
(d) Leon Walras.

4. Where was Veblen raised on a farm?
(a) Minnesota.
(b) Sweden.
(c) Norway.
(d) Illinois.

5. Veblen was fascinated with how society was dominated by __________. (fill in the blank)
(a) Greed.
(b) Wealth.
(c) The machine.
(d) The upperclass.

Short Answer Questions

1. _________ is concerned with finding some reason for the cosmos. (fill in the blank)

2. What year was The Wealth of Nations published?

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

4. At the beginning of the 1800's, England had two strong classes emerge; an _________ class and an agricultural class. (fill in the blank)

5. Owen's idea called for the creation of _________. (fill in the blank)

(see the answer key)

This section contains 204 words (approx. 1 page at 300 words per page) View a FREE sample