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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. Money functions as a __________ in transactions.
(a) Common denominator.
(b) Similar currency.
(c) Easy standard.
(d) National linkage.

2. The author believes that capitalism cannot function with what?
(a) Individual rights.
(b) Slaves.
(c) Uneducated workers.
(d) Subservience.

3. Governor Romney says we do not have a system of capitalism but of what?
(a) Protectionism.
(b) Regulation.
(c) Consumerism.
(d) Retaliation.

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

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

Short Answer Questions

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

2. What kind of rights, according to the author, is the American system of government based on?

3. To function as a medium of exchange, an item must be durable and what?

4. Who is the author of the "Gold and Economic Freedom" chapter?

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

(see the answer key)

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