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This quiz consists of 5 multiple choice and 5 short answer questions through The Obliteration of Capitalism.

Multiple Choice Questions

1. Money functions as a __________ in transactions.
(a) Easy standard.
(b) Similar currency.
(c) National linkage.
(d) Common denominator.

2. One of the tactics of this group is to paint capitalism as evil.
(a) Communists.
(b) Liberals.
(c) Dictators.
(d) Democrats.

3. In a gold-standard system, gold will flow from a low-interest-rate country to where?
(a) The capital market.
(b) An expansionist economic country.
(c) A stable economic country.
(d) A high-interest-rate country.

4. What kind of rights, according to the author, is the American system of government based on?
(a) Power rights.
(b) Minority rights.
(c) Individual rights.
(d) Majority rights.

5. The government established by the Founding Fathers is based on theories that began with whom?
(a) Plato.
(b) Aristotle.
(c) Marx.
(d) Socrates.

Short Answer Questions

1. The existence of money allows people to avoid the problems of ______.

2. What is one function of money?

3. In the U.S., the economic system isn't a pure capitalist system but is what?

4. Among those countries of the world that have had fascist dictatorships, a favorable opinion of _______ is found.

5. What is the goal of the creation of the Federal Reserve System?

(see the answer key)

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