Economic Thinkers

Economic Thinkers

10th Grade

15 Qs

quiz-placeholder

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Economic Thinkers

Economic Thinkers

Assessment

Quiz

Social Studies

10th Grade

Practice Problem

Hard

Created by

John Robinson

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The policy/philosophy supporting capitalism is?

Classic Communism

Laissez-faire

Idealistic Socialism

None of the above

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

John Maynard Keynes was:

A famous physicist

A renowned economist

A celebrated author

A well-known politician

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Friedrich Hayek was known for his economic beliefs in:

Keynesian economics

Marxist economics

Classical liberalism

Monetarism

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Hayek and Friedman believed in free-market capitalism. Who did their ideas begin to influence?

Politicians

Economists

Business leaders

All of the above

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Friedman believed in:

Free-market capitalism

Socialism

Communism

Mixed economy

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Friedman’s views can be summarized as:

A focus on monetary policy

A focus on fiscal policy

A focus on trade policy

A focus on environmental policy

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Who is known as the father of modern economics?

Adam Smith

Karl Marx

John Maynard Keynes

Milton Friedman

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