Capitalism, the Unknown Ideal Test | Mid-Book Test - Hard

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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What does the author believe brought the world out of feudalism?

2. What are ALCOA, General Electric and other companies said to be engaged in that cause them to be sued under the antitrust laws?

3. What does Greenspan claim is the best protection for the consumer?

4. When there is protection of the consumer by the government, it lessens the efforts of the firm to provide protection through ________.

5. According to the author, what will cure economic problems quickest and best?

Short Essay Questions

1. What role do land grants play in railroad construction?

2. What are pre-capitalist societies based on?

3. How is intellectual property different than physical property?

4. What problems do the airwaves run into in the beginning of radio?

5. How does a government protect its citizens?

6. What is the gold standard?

7. What does Branden claim is a fallacy of Marxism?

8. What does A.D. Neale think about U.S. antitrust laws?

9. How does the existence of money help people?

10. What is the concept of man that underlies statism?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What are the differences between the pope's encyclical and Rand's view of capitalism? Use the text to find examples to support your answer.

Essay Topic 2

What does the author believe about businessmen and capitalism? How are businessmen central to the author's arguments about capitalism?

Essay Topic 3

Why did the French businessmen tell Colbert to "Laissez-nous faire"? What does their response have to do with capitalism? Cite examples from the book to support your answer.

(see the answer keys)

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