Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through The Savage Society of Thorstein Veblen.
Multiple Choice Questions
1. The society that Marx believed would follow capitalism would be _________. (fill in the blank)
(a) Wealthy.
(b) Profitable.
(c) Well-planned.
(d) Classless.
2. The new philosophy of survival with the market system brought with it what new social problem?
(a) Keeping the poor poor.
(b) Keeping the poor drunk.
(c) Getting the poor rich.
(d) Getting the rich poor.
3. In what year did Reverend Thomas Robert Malthus publish "An Essay on the Principle of Population as it Affects the Future Improvement of Society"?
(a) 1813.
(b) 1798.
(c) 1776.
(d) 1801.
4. What describes how investment can lead to greater output?
(a) Law of Accumulation.
(b) Law of Assimilation.
(c) Law of Population.
(d) Law of Economics.
5. What did Edgeworth use to support his theories?
(a) Algebra.
(b) Calculus.
(c) Physics.
(d) Chemistry.
Short Answer Questions
1. According to Marx, workers are paid _________. (fill in the blank)
2. What year was The Wealth of Nations published?
3. How old was Veblen when he got his first paying job?
4. What did all of the these economists do?
5. How many years did it take Marx to write Capital?
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