Capitalism Final Exam
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Capitalism Final Exam
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25 Questions

1. What Are The 5 Values Of Capitalism?

2. Which Philospoher Would Preach That Capitalism Was Inherently Unstable And Had No Natural Tendency To Reach Full Employment?

3. What Was Schumpeter's Major Work Called?

4. Justus Moser Valued The Role Of The Institution In Creating The Identity Of The Individual. What Did He Call This Practice?

5. Components In Marxist Thought

6. With Which Type Of Gov't Did Marx Say Capitalism Would Be Replaced By?

7. Moser - Like Burke - Believes In All Of The Following Ideas

8. Who Was Heavily Influenced By Ludwig Von Mises?

9. Which Would Schumpeter Argue Is Good For The Economy?

10. Both Justus Moser And Edmund Burke Would Agree With Which Of The Following Statements?

11. (Keys Ideas Of Capitalism) Who Would Have The Right To Own Private Property And To Accumulate Wealth Through Use And Development Of That Property

12. In Marx Graph "The Classical Era" What Do The Sharp Upturns Represent?

13. Schumpeter - Who __________Where Students Believed In Marxism - Which Contradicted This Professors Beliefs. This Professor Believed That Socialism Could Work - But Was Substandard To Unrestricted Capitalism

14. Justus Möser Agreed With The Idea That

15. Which Of These Statements Would Best Describe Edmond Burke's View In Parliament Regarding English Taxation Of The American Colonies?

16. (Keys Ideas Of Captialism) What Two Things Would Help Motivate People To Work

17. Which Of These Theories Did Marx Base On David Ricardo's Teachings?

18. It is Possible That Marx Would Agree That _________?

19. Burke And Marx Both Lived In Times Of Great Political Upheaval (Burke In During The American And French Revolutions And Marx During Unrest In France And Germany) Yet They Each Responded To These Conflicts In Totally Different Ways. Which Of The Following Beliefs Is Shared By The Two Men? They Both

20. Which Philopsher Believed That Fascism And Nazism Represented A Collectivism Of The Middle Classes And Developed As A Desperate Attempt By The Social "Losers" In The Capitalist System To Regain The Rewards Denied To Them In The Mareketplace By Means Of Force; And Who Was He Influenced By?

21. Which Philosophy Would Summarize Wollstonecraft's Work: Vindication Of The Rights Of Woman?

22. Burke Is Famous For Many Things But What Is His Main Contribution To The Debate Over Capitalism?

23. Entrepreneurship And Innovation Can Cause Consistent Dislocations In The Workforce - Failing Prices And Rising Costs That Could Lead To A Recession Or A Firm Monopolizing An Industry. Who Would See These Facets Of Innovation As An Example Of Failure In Capitalism?

24. Which 2 Ideas Was Renowned Feminist Mary Wollstonecraft A Believer In?

25. According To Edmund Burke - Who Spurred The French Revolution?

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