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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. In a gold-standard system, gold will flow from a low-interest-rate country to where?
(a) A high-interest-rate country.
(b) An expansionist economic country.
(c) A stable economic country.
(d) The capital market.

2. According to the author, many less-developed countries feel ______ by capitalism.
(a) Harassed.
(b) Pleased.
(c) Threatened.
(d) Neglected.

3. What, according to the author, does the gold standard facilitate?
(a) Trade and growth.
(b) Production and sales.
(c) Trade and production.
(d) Growth and sales.

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

5. What are the two most common metals used as a medium of exchange?
(a) Gold and bronze.
(b) Gold and tin.
(c) Gold and iron.
(d) Gold and silver.

Short Answer Questions

1. Among those countries of the world that have had fascist dictatorships, a favorable opinion of _______ is found.

2. According to Rand, capitalism is based on what?

3. The government established by the Founding Fathers is based on theories that began with whom?

4. The author believes that capitalism cannot function with what?

5. The existence of money allows people to avoid the problems of ______.

(see the answer key)

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