Name that despot
Econ terminology
Rando Facto
Men of Economics
What publication am I?
100

This despot hung out in the jungle with his cronies until he was "discovered" by the West?

Fidel Castro

100

This term defines the place at which quantity demanded equals the quantity supplied

Equilibrium

100

 What do we call the process of cutting lines into coins?

Reeding

100

Adam Smith, one of the most well-known economists, hailed from what country?


Scotland

100

This moronic publication hailed Fidel Castro as a hero

The New York Times

200

This despot implemented a cultural revolution. 

Mao Zedong

200

What do we call money that is backed by nothing but a government's promise?

Fiat money

200

The four factors of production are natural resources, labor, capital, and this...

Entrepreneurship

200

  Adam Smith proposed this metaphor to describe the self-regulating nature of the market where individual self-interest, guided by competition, leads to the efficient allocation of resources and the overall well-being of society.  

the invisible hand

200

This book, written by Adam Smith, became a best seller.  

The Wealth of Nations

300

This despot was the only one that we studied that came from humble beginnings.

Joseph Stalin

300

This type of inflation occurs when there are more consumers wanting a product than there is product to sell

Demand-pull inflation

300

Money should possess the qualities of portability, durability, homogeneity, divisibility, constancy, and this....

Intrinsic valuableness

300

American economist that was influential in advocating for free market policies and monetarism. 

Milton Friedman

300

This pamphlet was cowritten by Friedrick Engels and Karl Marx and described the steps necessary for establishing a world side command economy. 

The Communist Manifest

400



             Che Guevera was a close friend and comrade to this despot. 

Fidel Castro

400

This term was made popular by Karl Marx and is used to define the "property owners" who should be overthrown. 

Bourgeois

400

In CPI, this is the range of years in which the base period is based.

1982-1984

400

This economist stood as a stark contrast to Adam Smith and believed in heavy government "help" of struggling economies.   

John Maynard Keynes

400

In this book, Marx made it clear that only violent revolutions could expunge the evils of capitalism.

Das Kapital

500

This despot once said, "One death is tragedy, a million is a statistic."

Joseph Stalin

500

What is the French phrase that means "leave things alone." (must be pronounced correctly)

Laissez-faire

500

Tying contracts and price discrimination were banned in order to protect against what unfair market practice?

Monopolies

500

This man developed the principle that "bad money drives out the good."  There is an economic's law named after him.

Sir Thomas Gresham

500

Thomas Sowell, a deeply respected free-market economist, wrote this book:


Basic Economics

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