2. _________ is a manner of organizing society so all tasks are performed. (fill in the blank)
(a) Religion.
(b) Tradition.
(c) Social compatibility.
(d) Self-reliance.

3. 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.

4. What was detested by factory workers in the late 1700's?
(a) Baths.
(b) Managers.
(c) Machinery.
(d) Mills.

5. What was the title of Veblen's first book?
(a) The Condition of the Working Class.
(b) The Theory of the Leisure Class.
(c) The Theory of Business Enterprise.
(d) The Politics of Economics.

Short Answer Questions

1. In Mills' model, wages would rise as a result of accumulation of capital. Eventually, the accumulation process would come to an end and enter what stage?

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

3. According to Marx, workers are paid _________. (fill in the blank)

4. What did Schumpeter call a person who introduced change into economic life?

5. According to Marx, which class had something to fear?

(see the answer key)

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