Quiz1,HuntMcGrath - b) economic life was a way to serve God...

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QUIZ #1 SS-102 Team F Prof. Susan Lee 1) Mercantilism in the 16 th and 17 th centuries involved all of the following EXCEPT: a) the government required individual businesses to set wages b) the government determined the price of basic goods c) the government awarded monopolies to some companies d) the government regulated shipping to benefit English shipping firms 2) In the 16 th and 17 th centuries, the mercantilist attitude towards the poor was that a) people were poor because they were lazy b) the poor were the responsibility of the Church c) the poor were victims of the economic system d) it was unfair to spend tax money on the poor 3) The Protestant view towards economic life was that a) one’s service to the Church was more important than economic life
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Unformatted text preview: b) economic life was a way to serve God through diligent hard work c) acquisitive, self-seeking behavior was abhorrent to God d) economic success could be justified by giving alms to the poor-4) The new philosophy of individualism a) upheld the virtues of the Christian paternalist ethic b) redistributed wealth in a way equitable to all classes c) affirmed the obligations of government to regulate the economy d) turned the vices of the Middle Ages into virtues 5) The Protestant ethic involves all the following EXCEPT: a) hard work, savings, and frugality b) humility, selflessness, and conformity c) industry, punctuality, and ambition d) honesty, asceticism, and self-denial...
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This note was uploaded on 04/16/2008 for the course CGS 101 taught by Professor Baublitz during the Fall '08 term at BU.

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