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Quiz-3_Spring-09 - 7 Smith wrote “The division of labor...

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Quiz 3 PST3127 Spring 2009 Prof. Klein Your Name: _________________________ Your TA: _____________________ 1. Name a desire that helps to make a person productive: 2. What is the underlying principle, identified by Adam Smith, that leads to industrial productivity? Each stage of economic development has two components: 3. 4. 5. The pre-Civil War South was at what stage of economic development? 6. The Civil War was a clash between which two types of society?
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Unformatted text preview: 7. Smith wrote, “The division of labor is limited by the extent of the market.” By what means did Smith envision extending markets? 8. Who was the alleged eye witness who testified in Washington DC of atrocities in Kuwait? 9. According to Sally Reed, schools should teach children values that go beyond those of their community. (T/F) 10. Sally Reed sees local school boards under parental control as undesirable. (T/F)...
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