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Economy: Quiz


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Question 1: Economy at the time meant primarily ________
Free tradeSilk RoadTradeInternational trade

Question 2: In ________, where the present English word 'economy' originated, many people were bond slaves of the freeholders.
Roman GreeceAlexander the GreatClassical antiquityAncient Greece

Question 3: The first economist in the true meaning of the word was the Scotsman ________ (1723–1790).
Jeremy BenthamDavid HumeImmanuel KantAdam Smith

Question 4: The competitive forces of the market will drive capital to constantly accumulate "for the sake of more accumulation", resulting in monopolies, ________ and imperialism.
RecessionBusiness cycleFinancial crisisEconomic history

Question 5: An economy consists of the specific ________ of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area.
Complex systemPolitical systemEconomic systemTalcott Parsons

Question 6: In Europe wild ________ started to replace the system of mercantilism (today: protectionism) and led to economic growth.
Anarcho-capitalismCapitalismLaissez-faireKeynesian economics

Question 7: (Politics, Book I.) The ________ he defined was not only the expression of the value of goods but of the relations between the people involved in trade.
Use valueExchange valueValue-formSurplus value

Question 8: Merchants such as Jakob Fugger (1459–1525) and Giovanni di Bicci de' Medici (1360–1428) founded the first ________.
Investment bankingCommercial bankOffshore bankBank

Question 9: Under the gift economy extensive grassroot movements have arisen; also the credit programs of Nobel laureate ________.
Kofi AnnanGrameen BankDesmond TutuMuhammad Yunus

Question 10: In 2006 the ________ started issuing its Wealth of Nations Report, tracking social and human capital.
World Bank GroupBretton Woods systemWorld BankInternational Monetary Fund

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