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SSEF3_Economic Thinkers

Authored by Jessica Gibson

Social Studies

12th Grade

Used 1+ times

SSEF3_Economic Thinkers
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic thinker does this sound like?

"Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system."

Martin Luther King, Jr., civil rights leader

Adam Smith

Karl Marx

John Maynard Keynes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic thinker does this sound like?

"We have been ruled by men who live by illusions ... the illusion that there is some other way of creating wealth than hard work and satisfying your customers."

Margaret Thatcher, British Prime Minister

Adam Smith

Karl Marx

John Maynard Keynes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic thinker does this sound like?

"You cannot separate the political structure from the economic structure. One has to be an idiot to believe that the average working person who is making $10,000 or $12,000 a year is equal in political power to somebody who is the head of a large corporation or bank. So if you believe in political democracy, you have to believe economic democracy as well. "

Bernie Sanders, US Senator

Adam Smith

Karl Marx

John Maynard Keynes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic thinker does this sound like?

"It was the labor movement that helped secure so much of what we take for granted today.  (Applause.)  The 40-hour work week, the minimum wage, family leave, health insurance, Social Security, Medicare, retirement plans.  The cornerstones of the middle-class security all bear the union label."

Barack Obama, US President

Adam Smith

Karl Marx

John Maynard Keynes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic thinker does this sound like?

"Capitalism demands the best of every man—his rationality—and rewards him accordingly. It leaves every man free to choose the work he likes, to specialize in it, to trade his product for the products of others, and to go as far on the road of achievement as his ability and ambition will carry him."

Ayn Rand, writer and philosopher

Adam Smith

Karl Marx

John Maynard Keynes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic thinker does this sound like?

"Governments will always play a huge part in solving big problems. They set public policy and are uniquely able to provide the resources to make sure solutions reach everyone who needs them. They also fund basic research, which is a crucial component of the innovation that improves life for everyone."

Bill Gates, entrepreneur

Adam Smith

Karl Marx

John Maynard Keynes

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