Comparing Thinkers
WORLD HISTORY PROJECT1750/ LESSON 4.2ACTIVITYCOMPARING THINKERSUnless otherwise noted, this work is licensed under CC BY 4.0. Credit: “Comparing Thinkers,” OER Project, https://www.oerproject.com/1PurposeConsideringhow three famous economicthinkers, each ofwhomhad very different ideas about how the economy should work,would approach today’s economic issues will help you connect your learning to the presentday. Process1.Read the article “Smith, Marx, and Keynes,”and then complete the comparison chart below.CategoryAdam SmithKarl MarxJohn M. KeynesFamous work(s)Historical contextView on the economyView on the role of government
WORLD HISTORY PROJECT 1750/ LESSON 4.2ACTIVITYCOMPARING THINKERS22.Choose one modern economic issue (for example: unemployment, inflation, wealth inequality, or student debt)and complete the table below.Modern economic issue: _____________________________QuestionAdam SmithKarl MarxJohn M. KeynesHow would this thinker explain the problem?What solution might they propose?3.Write a brief response (four or five sentences) explaining which economic thinker you believe offers the most helpful approach to solving today’s economic challenges.