Today, we explored the various economic theories and thinkers that developed as a result of the Industrial Revolution.
Homework:
Study your notes. Be able to answer the following questions about 2 of the following economists:
Adam Smith
Thomas Malthus
David Ricardo
Jeremy Bentham
John Stuart Mill
Robert Owen
Charles Fourier
Saint Simon
Karl Marx
Questions:
1. What is the name of their idea?
2. What is their primary economic idea?
3. Which economist(s) is/are opposed to their ideas?
4. Which economist(s) is/are in agreement with them?
5. Do you agree with their idea? Why/why not?
Modified Assignment:
Answer the questions about 1 economist.
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