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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. Who does Algeria fight for independence?
(a) Germany.
(b) Spain.
(c) France.
(d) Britain.

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

3. When does the gold standard cease to exist?
(a) At the beginning of World War I.
(b) At the end of World War II.
(c) At the beginning of World War II.
(d) At the end of World War I.

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

5. Among those countries of the world that have had fascist dictatorships, a favorable opinion of _______ is found.
(a) Oligarchism.
(b) Monarchism.
(c) Capitalism.
(d) Socialism.

Short Answer Questions

1. According to Rand, what must the individual be willing to do in a capitalist society?

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

3. In a gold-standard system, gold will flow from a low-interest-rate country to where?

4. The author believes that many less-developed countries hate America for what?

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

(see the answer key)

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