Capitalism, the Unknown Ideal Quiz | Four Week Quiz B

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This quiz consists of 5 multiple choice and 5 short answer questions through The New Fascism: Rule by Consensus.

Multiple Choice Questions

1. Copyrights apply to what?
(a) Physical items.
(b) Actual locations.
(c) Medicines.
(d) Ideas.

2. The existence of money promotes the division of what?
(a) Specialties.
(b) Social classes.
(c) Economic classes.
(d) Labor.

3. The author believes that the basis of American freedom is that man can act how?
(a) Altruistically.
(b) For the betterment of all.
(c) Selfishly.
(d) In his own self-intrest.

4. In what type of system is property privately owned but controlled by the government?
(a) Fascism.
(b) Oligarchies.
(c) Dictatorship.
(d) Regulatorism.

5. A fear of _______ leads to the passage of the first antitrust laws.
(a) Trusts.
(b) Oligarchies.
(c) Monopolies.
(d) Conglomerates.

Short Answer Questions

1. What did the author present in her book "Atlas Shrugged" that is reflected in current events?

2. According to Rand, capitalism is based on what?

3. What, according to the author, does the gold standard facilitate?

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

5. Railroads are built using government money, and what happens to many of them?

(see the answer key)

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