Worldly Philosophers Study questions

Worldly Philosophers Study questions - Worldly Philosophers...

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Worldly Philosophers 1 ECO 1305 Economic History Worldly Philosophers: Study Questions Chapter 1 1. d 2. d Chapter 4 95. both very pessimistic, Malthus defended wealthy land owners- ironic because he was not one, he was poor. Ricardo fought against rich land owners- for bourgeoisie (capitalists)- but he was a rich land owner. 1. Industrial revolution/industrialism- so many workers, had to devise ways of making grain 3. Income would be dismal; It would decrease exponentially 111. workers would increase, the only group that stood to gain was the landlords. 107. still somewhat true, not always, like in walmart- there is no competition. (know sentence before ?) 112. corn law set up the no cheap grain market (price floor on grain), causing lower wages, ultimately benefiting the capitalists. 119. idea that anytime you have reform, puts the ideas in the minds of society. people felt they needed to solve current problems. Thought they had these problems because malthus and Ricardo said they did. 106. saw it as a prelude to a military dictatorship
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Worldly Philosophers Study questions - Worldly Philosophers...

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