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. Who is J.J. Hill?

2. Intellectual property may end up in the public _____ but it does not become public property.

3. How long do copyrights last in the United Kingdom?

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

5. The Federal Reserve System was created when the government thought that what was happening?

Short Essay Questions

1. In the "Is Atlas Shrugging?" chapter, the author asks what question about the novel "Atlas Shrugged"?

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

3. What does capitalism do to the standard of living?

4. Why, according to the author, do many less-developed countries hate the U.S.?

5. What should the governments of free countries protect?

6. What does the author believe happens if a nation doesn't respect the rights of its citizens?

7. What do the businessmen take the blame for in the case of the Central Pacific Railroad?

8. What is the theme of "Atlas Shrugged"?

9. What are patents and copyrights?

10. How does Alan Greenspan describe a business world with antitrust laws?

Essay Topics

Essay Topic 1

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 2

Based on the information given in this book, do men work better in an atmosphere of freedom rather than one of coercion? Why or why not? Use examples from the book to support your answer.

Essay Topic 3

Based on the various authors in the book, what role does economics have on politics? Discuss the differences and similarities in the views held by Rand, Branden and Greenspan. Cite examples from the book to support your answer.

(see the answer keys)

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