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This quiz consists of 5 multiple choice and 5 short answer questions through The Obliteration of Capitalism.

Multiple Choice Questions

1. According to Rand, capitalism is based on what?
(a) Government interference.
(b) Open borders.
(c) Self-motivation.
(d) Altruistic principles.

2. What is one function of money?
(a) A means of accounting.
(b) A means of saving.
(c) A means of wealth.
(d) A means of processing.

3. Who is the author of the "Gold and Economic Freedom" chapter?
(a) Richard Fullerton.
(b) Marcus Bludger.
(c) Alan Greenspan.
(d) Theodore Huffington.

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

5. What kind of rights, according to the author, is the American system of government based on?
(a) Minority rights.
(b) Individual rights.
(c) Majority rights.
(d) Power rights.

Short Answer Questions

1. According to the author, many less-developed countries feel ______ by capitalism.

2. What are the two most common metals used as a medium of exchange?

3. When does the gold standard cease to exist?

4. In the U.S., the economic system isn't a pure capitalist system but is what?

5. One of the tactics of this group is to paint capitalism as evil.

(see the answer key)

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