Podcast
Questions and Answers
What were the three important factors that influenced Adam Smith's economic thought?
What were the three important factors that influenced Adam Smith's economic thought?
- Philosophers, government policies, and inventions
- Predecessors, clubs and travels, and economic and political conditions (correct)
- Family influence, personal experiences, and educational background
- Religious beliefs, social etiquette, and cultural traditions
Which economist(s) influenced Adam Smith's views on the advantage of large population?
Which economist(s) influenced Adam Smith's views on the advantage of large population?
- Petty, North, child, Tucker, and Cantillon (correct)
- Quesnay and Turgot
- Francis Hutcheson
- David Hume
From whom did Adam Smith borrow ideas on public finance and canons of taxation?
From whom did Adam Smith borrow ideas on public finance and canons of taxation?
- Petty (correct)
- David Hume
- Francis Hutcheson
- Quesnay and Turgot
What did the clubs which Adam Smith joined at Glasgow and Edinburgh discuss?
What did the clubs which Adam Smith joined at Glasgow and Edinburgh discuss?
During his travels with the Duke of Buccleuch, Adam Smith had an opportunity to meet which famous group of scholars?
During his travels with the Duke of Buccleuch, Adam Smith had an opportunity to meet which famous group of scholars?
Who influenced Adam Smith regarding division of labour, changes in the value of money, taxation etc.?
Who influenced Adam Smith regarding division of labour, changes in the value of money, taxation etc.?
What influenced Adam Smith's views and ideas during the later part of the 18th century?
What influenced Adam Smith's views and ideas during the later part of the 18th century?
What principle guided Adam Smith's philosophical ideas underlying his economic thinking?
What principle guided Adam Smith's philosophical ideas underlying his economic thinking?
According to Adam Smith, what would motivate individuals to promote the general good?
According to Adam Smith, what would motivate individuals to promote the general good?
What did Adam Smith believe was behind all human motives?
What did Adam Smith believe was behind all human motives?
What were the only three functions Adam Smith assigned to the Government?
What were the only three functions Adam Smith assigned to the Government?
In economic matters, what did Adam Smith support due to his belief in the natural balance of motives?
In economic matters, what did Adam Smith support due to his belief in the natural balance of motives?
According to Adam Smith, what created a great natural community in the economic world?
According to Adam Smith, what created a great natural community in the economic world?
What did Adam Smith believe was the spontaneous origin of economic institutions?
What did Adam Smith believe was the spontaneous origin of economic institutions?
According to Adam Smith, what was behind the effectiveness of natural balance of motives in economic matters?
According to Adam Smith, what was behind the effectiveness of natural balance of motives in economic matters?
What did Adam Smith consider as one of his masterpieces that contained his philosophical ideas underlying economic thinking?
What did Adam Smith consider as one of his masterpieces that contained his philosophical ideas underlying economic thinking?
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