|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What right does the author believe is basic to the concept of freedom?
2. To function as a medium of exchange, an item must be durable and what?
3. The author says the Industrial Revolution would never occur under what?
4. What subject does Stewart Holbrook write about?
5. What is one function of money?
Short Essay Questions
1. What does Branden believe causes depressions?
2. What does Greenspan think of U.S. antitrust laws?
3. What is the concept of man that underlies statism?
4. What is the Homestead Act?
5. How is intellectual property different than physical property?
6. How does government regulation purport to protect the consumer?
7. What is the study of political economy?
8. What are the first labor laws concerning children about?
9. How is banking controlled when the system is based on gold?
10. What should the governments of free countries protect?
Write an essay for ONE of the following topics:
Essay Topic 1
What are anti-concepts, and what role does the author feels they play in today's economic and political societies? Use examples from the book to support your answer.
Essay Topic 2
The author believes that the fundamental question used to evaluate a social system is whether or not the system acknowledges individual rights and bars the use of physical force, and whether or not man is a free individual or the property of the tribe. Evaluate the social and economic systems presented in this book using this question. Use appropriate examples from the text to support your answer.
Essay Topic 3
What do the various authors believe about government spending? How do Greenspan, Rand, Hessen and Branden say government should spend its money and resources? Use examples from the book to compare and contrast the various authors and their beliefs.
This section contains 549 words
(approx. 2 pages at 300 words per page)