The Worldly Philosophers Test | Final Test - Easy

This set of Lesson Plans consists of approximately 113 pages of tests, essay questions, lessons, and other teaching materials.

The Worldly Philosophers Test | Final Test - Easy

This set of Lesson Plans consists of approximately 113 pages of tests, essay questions, lessons, and other teaching materials.
Buy The Worldly Philosophers Lesson Plans
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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. How old was Veblen when he got his first paying job?
(a) Twenty-five.
(b) Forty-five.
(c) Fifteen.
(d) Thirty-five.

2. Why does Keynes resign his position from the Peace Conference?
(a) He is opposed to the war.
(b) He is opposed to the German reparation payments.
(c) He wanted a more powerful position.
(d) He is in favor of German reparation payments.

3. The Communist Manifesto first appeared in what year?
(a) 1848.
(b) 1833.
(c) 1844.
(d) 1828.

4. When investment is less than ___________ , there is depression. (fill in the blank)
(a) Output.
(b) Spending.
(c) Savings.
(d) Income.

5. In what year is Schumpeter's book Capitalism, Socialism and Democracy published?
(a) 1944.
(b) 1954.
(c) 1932.
(d) 1942.

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

7. What did Schumpeter call a person who introduced change into economic life?
(a) An entrepreneur.
(b) An innovator.
(c) An iInventor.
(d) An investor.

8. Keynes thought the best way to stimulate a flagging economy was through __________. (fill in the blank)
(a) Lower interest rates.
(b) Private investments.
(c) Higher wages.
(d) Lower taxes.

9. Francis Ysidro Edgeworth was a graduate of what university?
(a) Oxford.
(b) The School of Economic Thought.
(c) Yale.
(d) Harvard.

10. Having spent some time in South Africa, Hobson returned to England and wrote what book?
(a) Progress.
(b) Imperialism.
(c) Capitalism.
(d) Capital.

11. According to Engels and Marx, what does "dialectical" mean?
(a) Diverse.
(b) Change.
(c) Chance.
(d) Discussion.

12. Who does Veblen present as the saboteur of capitalism?
(a) The noble class.
(b) The capitalist.
(c) The leisure class.
(d) The farmer.

13. What did Marx's father hope he would study?
(a) Medicine.
(b) Politics.
(c) Religion.
(d) Law.

14. Between 1870 and 1914, what percentage of English savings were invested abroad?
(a) 20%.
(b) 50%.
(c) 10%.
(d) 25%.

15. According to Marx, which class had something to fear?
(a) The ruling class.
(b) The farming class.
(c) The foreign class.
(d) The working class.

Short Answer Questions

1. Where did Karl Marx and Friedrich Engels meet?

2. Schumpeter's purpose is to describe where ________ originate. (fill in the blank)

3. Critics of Edgeworth pointed to ____________ as evidence that man did not always act on his own behalf. (fill in the blank)

4. What was the name of the publication of Engels' impressions after working for his father's textile business in England?

5. According to The Communist Manifesto, what would be a transition period followed by pure Communism?

(see the answer keys)

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