[单项选择]

Text 4
Adam Smith, the Scottish professor of moral philosophy, was thrilled by his recognition of order in the economic system. His book, the Wealth of Nations (1776), is the germinal book in the field of economics which earned him the title "the father of economics".
In Smith’s view, a nation’s wealth was dependent upon production, not agriculture alone. How much it produced, he believed, depended upon how well it combined labor and the other factors of production. The more efficient the combination, the greater the output, and the greater the nation’s wealth.
The essence of Smith’s economic philosophy was his belief that an economy would work best if left to function on its own without government regulation. In those circumstances, self-interest would lead business firms to produce only those products that consumers wanted, and to produce them at the lowest possible cost. They would do this, not as a means of bene
A. An argument against a popular belief.
B. An assumption of a false theory.
C. An explanation of a theory.
D. An account of a phenomenon.

[单项选择]

Text 4
Adam Smith, the Scottish professor of moral philosophy, was thrilled by his recognition of order in the economic system. His book, the Wealth of Nations (1776), is the germinal book in the field of economics which earned him the title "the father of economics".
In Smith’s view, a nation’s wealth was dependent upon production, not agriculture alone. How much it produced, he believed, depended upon how well it combined labor and the other factors of production. The more efficient the combination, the greater the output, and the greater the nation’s wealth.
The essence of Smith’s economic philosophy was his belief that an economy would work best if left to function on its own without government regulation. In those circumstances, self-interest would lead business firms to produce only those products that consumers wanted, and to produce them at the lowest possible cost. They would do this, not as a means of bene
A. an efficiency allocation of resources can only be achieved in a free market.
B. perfect competition can be realized in a free market.
C. self-interest can help to maximize production and minimize inputs.
D. monopolies sometimes can help accelerate the development of a free market.

[单项选择]Adam Smith saw that the division of labor


A. enabled each worker to make pins more quickly and more cheaply
B. increased the possible output per worker
C. increased the number of people employed in factories
D. improved the quality of pins produced

[单项选择]According to the passage, Adam Smith was the first person to______.


A. take advantage of the division of labor
B. introduce the division of labor into England
C. understand the effects of the division of labor
D. explain the causes of the division of labor

[单项选择]What is the essence of Adam Smith's economic philosophy

[单项选择]Adam Smith mentioned the number 4, 800 in order to______.


A. show the advantages of the old craft system
B. emphasize how powerful the individual worker was
C. show the advantages of the division of labor
D. emphasize the importance of increased production

[单项选择]According to the writer, Adam Smith's mistake was in believing that the division of labor______.


A. was an efficient way of organizing work
B. was an important development in methods of production
C. inevitably led to economic development
D. increased the production of existing goods

[单项选择](Economist) Adam Smith (published) his book The Wealth of Nations in 1776, (a year) also (notably) for the Declaration of Independence.（）
A. Economist
B. published
C. a year
D. notably

[单项选择]We should be grateful to Adam Smith because______.


A. his ideas made it possible for people to improve their lives
B. he invented a more efficient way of pin making
C. he started the industrial revolution
D. he brought to people a high standard of living.

[单项选择]著名经济学家亚当·斯密(Adam Smith)的主要经济学著作为( )。
A. 《资本论》
B. 《国民财富的性质和原因的研究》
C. 《纯粹经济学要义》
D. 《政治经济学及赋税原理》