Means: household management

The Theory of Moral 
Sentiments or  
An Inquiry into the Nature and Causes of the Wealth 
of Nations
.
134.
The scientist who put forward the idea of "invisible hand"? A.Smith 
135.
According to Smith, what is the "great wheel of communication"? Money
136.
What does A. Smith substantiate in the example of a nail workshop? Division of 
labour mehnat qahsimoti 
137.
D Ricardo advocated which production process?
specialized production ( ixtisolashuv 
138.
Who perfected Smith's theory of distribution ? 
David Ricardo
139.
Author of the theory of comparative advantage ?
David Ricardo 
140.
Who continued Smith's teachings in France? J .B.Sey 
141.
What is B. Say's work "Treatise on Political Economy" about? factors of production: 
labor, capital and land are equally involved in the formation of the value of the product. 
Work-wage capital-profit land-rent .these three are interdepended. 
142.
“What is Say's law? 
Say
'
s
law
, or the law of markets, is the claim that the 
production of a product creates demand for another product by providing something 
of value which can be exchanged for that other product. Thus, production is the 
source of demand.
Political economy as defined by J Mill? 

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the fundamental economic processes on which society is based: production, the 
distribution of goods, exchange, the effect of social progress on production and 
distribution, and the role of government in economic affairs. 
143.
144.
The formation of price according to J Mill? it is briefly concluded that value cannot 
grow in all commodities at once, because value is a relative concept. It is emphasized that 
value arises from labour and is of primary importance. 
145.
"Credit" according to Mill?
the rent is considered to be the compensation paid for the 
use of the land 
146.
What is central to Marx's scheme of social development?
the production of material
means, and hence the level of economic development achieved by a particular nation or 
period, forms the basis of ideas about state institutions, legal concepts, art, and even religion.
-material forces in the process of development of human society
147.
To whom does the theory of social formation belong? Karl Marx 
148.
The basic concept of Marx's theory?
analysis of the problems of manufacturing 
industries in the economy 
149.
How Marx explains wage rates? 
wage rate cannot go below the minimum 
subsistence level as workers would not survive at that level which will lower the 
population growth rate causing wage rate to rise to the minimum subsistence level.
150.
The last representatives of the classical school of economics? J.S.Mill 
151.
Author of the “Treatise on Political Economy” (1803) Jean Baptiste Sey 
152.
The essence of "Say's law" the “
products are paid for product
” rule applies to 
domestic and foreign trade. 
153.
The scholar who later rejected the "Say's law" J.M.Keynes 
154.
What about Part 2 of A. Smith's Study of the Nature and Causes of the Wealth of 
Nations? Collecting capital and its functional forms
155.
Why did the liberals hate Malthus? because he did not believe that pessimism could 
significantly increase the welfare of the population 
156.
"The author of an experimental work on population growth?" Thomas Malthus
157.
To whom does the idea that "population growth leads to famine" belong? T.Malthus
158.
When did marginalism come into being? 1870-1880s 
Marginalism is...
Marginalism is the insight that people make economic decisions over specific units 
or increments of units, rather than making categorical, all-or-nothing decisions. 
159.
160.
Who independently developed the ideas of marginalism? Jean Baptise Sey 
161.
Supporter of strengthening the national currency... J.S.Mill 
162.
The period "The Great Depression" occured? 1929 to 1939 
163.
Author of the general theory of employment, interest and money? John maynard 
Keyns 
164.
The founders of marginalism? 
.developed by three European economists, Carl 
Menger, William Stanely Jevons, and Leon Walras, in the 19th century.
165.
Who advocated the idea of state employment? John Maynard Keyns 
166.
According to Keynes, Which policy that regulates aggregate demand during a crisis? 
Government policy
167.
According to Keynes, the source of the savings ? the increase in their incomes 
daromad oshishi 
168.
Keynes believes that the main factor influencing investment? insufficient growth of 
consumer demand. Iste’mol qiymatining yetarlicha o’smasligi

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169.
According to Keynes, interest rates fluctuate for two reasons?
.1 asosiy psixologik 
qonunning” amal qilishi 2 kredit uchun yuqori ssuda foizining amal qilishi
170.
Author of the theory of the importance of state regulation of the economy 
A.
Smith's market mechanisms? 
171.
The author of the work "General Theory of Employment, Interest and Money", 
published in 1936? J.M.Keyne
172.
The main idea of the "General theory of employment, interest and money"? 
propensity to consume,
maximum efficiency,
interest rate. Istemolga moyillik ,samaradorlik 
va foiz normasi 
173.
The scientist who first used the macroeconomic method? J.M.Keynes 
174.
What is the starting point of J.M. Keynes's analysis? against the classical school of 
economics 
175.
What did J.M. Keynes call the ratio between changes in consumption and changes in 
income? Multi plikator
176.
To whom does the theory of "investments create their own savings" belong to? 
J.M.Keynes 
177.
Milton Friedman (1912) is the founder of which economic stream? Monetarism
178.
Monetarism -? 
is a macroeconomic theory which states that governments can foster 
economic stability by targeting the growth rate of the money supply.
179.
According to S. Sismondi, the subject of political economy is…? material well-being 
of people, human nature odamlarning moddiy farovonligi, inson tabiati 
180.
According to S. Sismondi, what is the source of wealth? Profit, rent and wages
superior value 
discount on domestic product ( ichki mahsulotdan chegirma) 
181.
Which economic theory plays a key role in the teachings of S. Sismondi? Third