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History of Economic Thought
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History of Economic Thought

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Questions and Answers

During which historical period was economics considered part of philosophy?

  • Ancient Greece
  • Middle Ages
  • 21st century
  • 18th-19th century (correct)
  • Which field of study encompasses the philosophies of different thinkers and theories in subjects that later became political economy and economics?

  • Ancient Greek philosophy
  • Middle Ages
  • History of economic thought (correct)
  • Industrial Revolution
  • Which ancient civilization's economic thought is studied in the history of economic thought?

  • Mesopotamian
  • Egyptian
  • Greek (correct)
  • Roman
  • Who argued that property is best left in public hands?

    <p>No one argued this</p> Signup and view all the answers

    When did economics become a separate discipline from philosophy in the Western world?

    <p>18th–19th century</p> Signup and view all the answers

    Who wrote the earliest known work concerning the basic origins of economics?

    <p>Hesiod</p> Signup and view all the answers

    Which historical event accelerated economic growth in the Western world during the 19th century?

    <p>Industrial Revolution</p> Signup and view all the answers

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