Capitalism, the Unknown Ideal Short Answer Test - Answer Key

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1. Who is the author of this book?

Ayn Rand.

2. What does political economy study?

How scarce resources are used.

3. How is man viewed in tribal European culture?

As part of the whole.

4. What is the name that the nobility, and the king, use to describe people who are considered property?

Chattel.

5. How, according to the author, does the concept of private property come into existence?

With capitalism.

6. What do political economists assume that man is working for?

The good of society.

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