View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Notes on the History of American Free Enterprise.

Multiple Choice Questions

1. The author believes that antitrust laws are a _______ ________________ of history.
(a) Factual representation.
(b) Failed experiement.
(c) Twisted understanding.
(d) Gross misinterpretation.

2. Who is the author of the "Gold and Economic Freedom" chapter?
(a) Richard Fullerton.
(b) Theodore Huffington.
(c) Marcus Bludger.
(d) Alan Greenspan.

3. What, according to the author, does the gold standard facilitate?
(a) Growth and sales.
(b) Trade and growth.
(c) Production and sales.
(d) Trade and production.

4. What is the name of the railroad company in California that holds a virtual monopoly?
(a) Main Pacific.
(b) Western Pacific.
(c) Coastal Pacific.
(d) Central Pacific.

5. What is the result of railroad subsidies by the government?
(a) Rapid construction.
(b) Well-done construction.
(c) Substandard construction.
(d) Massive construction.

Short Answer Questions

1. The author states that most wars are started by countries with what?

2. How are the railroads subsidized?

3. What thrives on free trade, according to the author?

4. What does the author believe is the basic tool of business?

5. What is one of the negatives that political power uses?

(see the answer key)

This section contains 177 words (approx. 1 page at 300 words per page) View a FREE sample