Think you’ve got your head wrapped around The Wealth of Nations? Put your knowledge to
the test. Good luck — the Stickman is counting on you!
Q. According to Adam Smith, who is the most productive member of British society?
The merchant
The king
The farmer
The collier
Q. Which of these is not a factor in determining the wage of a job?
Responsibility
The family you're from
The wretchedness of the job
Talent
Q. What word does Smith use to describe what people would call a government subsidy today?
Bounty
Tariff
Tax
Booster
Q. What's Smith's biggest problem with the people who used to own land because of their bloodline?
They didn't improve the land
They were cruel
They did nothing to earn the land
They were losers
Q. What's the lowest level wages can get in a free market (according to Smith)?
The level necessary for people to raise families
The level needed for the worker to survive
The level needed to buy meat
The level needed to keep the workers from revolting