#1
Which economic philosophy advocates for minimal government intervention in the economy?
#2
Who is known for the theory of 'Invisible Hand' in economics?
#3
Who is regarded as the father of modern economics?
#4
Which economic theory advocates for the abolition of private property and the establishment of a classless society?
#5
Which economic theory argues that government intervention is necessary to stabilize the economy during economic downturns?
#6
Who is the author of the book 'The Wealth of Nations'?
#7
Who proposed the concept of 'comparative advantage' in international trade?
#8
Who proposed the concept of 'Gross Domestic Product (GDP)' as a measure of a nation's economic performance?
#9
What is the central idea behind Utilitarianism in economics?
#10
Who proposed the concept of 'Creative Destruction' in economics?
#11
According to the Protestant work ethic, what is the significance of hard work?
#12
What is the main focus of the Austrian School of Economics?
#13
Which economic philosophy emphasizes the role of collective ownership of the means of production?
#14
Who is associated with the concept of 'Economic Man' in classical economics?
#15
Which economic philosophy promotes the idea of a 'mixed economy'?
#16
Who introduced the concept of 'opportunity cost' in economics?
#17
According to classical economics, what is the primary driver of economic growth?
#18
Which economic theory emphasizes the importance of monetary policy in regulating the economy?
#19
Who is associated with the concept of 'rational choice theory' in economics?
#20
Which economic philosophy emphasizes the role of government in ensuring fair distribution of wealth?
#21
According to Confucian work ethic, what is the importance of diligence and discipline in work?
#22
What is the primary goal of distributive justice in economics?
#23
What is the primary focus of neoliberalism in economics?
#24
What is the central idea of the 'Tragedy of the Commons' in economics?
#25