Economics and Its Interdisciplinary Relationship Quiz

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What must be kept up, developed, and trained at every stage through life according to the text?

The working of conscious self-interest

Where does the science of economics fall in terms of classification by the Committee of Ten?

In the 'wrolln' group

Who are economists compared to in terms of relationships with other disciplines in the text?

Historians, sociologists, geographers, and physicists

What does the text suggest should be studied in high school after the physical environment?

The development of economic ideas Signup and view all the answers

What does Professor Henry C. Adams find important about industrial history?

It sheds light upon theory and explains economic problems Signup and view all the answers

Why does Professor Henry C. Adams find it impossible to take sides between the disputants?

Because he cannot separate history of industrial development and analysis of industrial theory Signup and view all the answers

What aspects should be considered when dividing the map into natural economic divisions?

Drainage, soil, and conditions of hydrography Signup and view all the answers

Instead of the migration of races, what should be focused on in the colonization of America?

Colonization by European peoples Signup and view all the answers

What should be highlighted about the people who settled in each economic section?

Their characteristics in economics and politics Signup and view all the answers

What additional history should be taught alongside the history of English economic industry?

American industrial history and the westward expansion by frontiersmen Signup and view all the answers

According to Dr. Edward T. Wite, what does teaching economics in public schools require?

Reform of the study of geography and an addition to the study of history Signup and view all the answers

What would Dr. Edward T. Wite's approach provide to young students?

A framework of ideas Signup and view all the answers

Why do some people believe that business men cannot be the leaders in the life of the nation in the long run?

Because they are engaged with private affairs. Signup and view all the answers

What is the purpose of economic history according to the text?

To make men practical economists. Signup and view all the answers

Why are people startled by trusts and combinations?

Because they do not know what they mean. Signup and view all the answers

Why is the country in despair over the financial question?

Because the people do not know what is going to come out of it. Signup and view all the answers

What did Professor E.J. James advocate for regarding the teaching of economics?

Introduction of economics into secondary schools. Signup and view all the answers

What do some criticize as the last end of economic studies?

Leaving great questions unanswered. Signup and view all the answers

What is the first thing mentioned in the text that needs to be improved in high schools?

The production of text-books Signup and view all the answers

What is the other thing that needs to be extended in high schools?

The work of the high schools Signup and view all the answers

Why does the text mention the impracticality of students studying part of a subject in high school and the rest in college?

There is no sense in a boy studying part of his algebra in school and going to college for the rest. Signup and view all the answers

What subject does the text suggest should be included in the curriculum of developed high schools in America?

Political economy Signup and view all the answers

Why does the text mention giving the elements of political economy to young people in high schools?

To provide great service to young people completing their education in high schools. Signup and view all the answers

What will happen when the high schools in the United States occupy the field they should?

There will be room for several things that may not now be undertaken. Signup and view all the answers

Why did Devine express his gladness in the discussion?

Devine was glad that the discussion did not just involve a superficial endorsement of teaching political economy in public schools. Signup and view all the answers

What was the reason behind the recommendation against teaching political economy in public schools?

The recommendation was based on the lack of a formal statement from economists themselves that teaching political economy in schools would be feasible or beneficial. Signup and view all the answers

Why was it mentioned that there are no suitable text-books for teaching political economy?

The claim about the lack of suitable textbooks for political economy teaching has not been conclusively proven. Signup and view all the answers

What was the argument regarding trained teachers for political economy in schools?

It was suggested that there are no trained teachers for political economy, but this claim is not substantiated. Signup and view all the answers

According to Devine, what kind of subjects should be reconsidered when the curriculum is crowded?

Devine suggested that subjects with conventional teaching methods and established textbooks should be prioritized over introducing new subjects like political economy. Signup and view all the answers

Why might political economy not be deemed suitable for introduction into school curriculum?

If only subjects with well-established teaching methods and textbooks are considered suitable for schools, then political economy might not meet the criteria. Signup and view all the answers