Quiz: Adam Smith

  1. When was Adam Smith born?

    • 1723, Kirkcaldy, Scotland.
    • 1472, Yuyao, Zhejiang, China.
    • 1596, La Haye, France.
    • 1646, Leipzig, Germany.
    Answer

    1723, Kirkcaldy, Scotland. — Born: 1723, Kirkcaldy, Scotland..

  2. When did Adam Smith die?

    • 1790, Edinburgh.
    • 1832, London. His preserved body sits at University College London.
    • 1755, Paris.
    • 1753, Oxford, England.
    Answer

    1790, Edinburgh. — Died: 1790, Edinburgh..

  3. What is Adam Smith known for?

    • The Wealth of Nations, the invisible hand, and the pin factory example of the division of labor.
    • The idols of the mind, the biases that corrupt thinking, and the method of induction from experiment.
    • The Spirit of the Laws: liberty requires the separation of legislative, executive, and judicial power; laws fit climates and customs.
    • Tabula rasa, the mind as blank at birth; natural rights to life, liberty, and property; and the right of revolution.
    Answer

    The Wealth of Nations, the invisible hand, and the pin factory example of the division of labor. — Known for: The Wealth of Nations, the invisible hand, and the pin factory example of the division of labor..

  4. Which school of thought was Adam Smith part of?

    • Scottish Enlightenment; classical economics.
    • Enlightenment, its sharpest pen.
    • Rationalism, in its most uncompromising form.
    • Empiricism, at its programmatic beginning.
    Answer

    Scottish Enlightenment; classical economics. — School: Scottish Enlightenment; classical economics..

  5. True or false: Scottish moral philosopher whose Theory of Moral Sentiments grounded ethics in sympathy, and whose Wealth of Nations of 1776 founded modern economics on the division of labor and free markets.

    • True
    • False
    Answer

    True — From the entry's summary.