Name: _________________________ | Period: ___________________ |
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. What does Heilbroner think is strange about ancient civilizations?
(a) There were no economists.
(b) There was no currency.
(c) There was no plan for survival.
(d) There were no rulers.
2. _________ was based on true wealth only being created in agriculture. (fill in the blank)
(a) Laissez-faire.
(b) Agricracy.
(c) Macroeconomics.
(d) Physiocracy.
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. Who failed to recognize the wealth creating ability of labor?
(a) Quesnay.
(b) Locke.
(c) Smith.
(d) Hume.
5. Smith was a firm believer in _______________, or leave the market alone. (fill in the blank)
(a) Agricracy.
(b) Macroeconomics.
(c) Laissez-faire.
(d) Physiocracy.
Short Answer Questions
1. Adam Smith was considered a non-conformist because he refused to do what before classes?
2. Eighteenth-century England thought the population to be somewhere around 5.5 million people, and it was not expected to double for approximately how many years?
3. According to Malthus, how did nature control the resources of the world?
4. What are economists considered by the rules of schoolboy history books?
5. Where was Adam Smith educated?
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