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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) Self-motivation.
(c) Open borders.
(d) Altruistic principles.

2. The author believes that many less-developed countries hate America for what?
(a) Her success.
(b) Her power.
(c) Her beliefs.
(d) Her strength.

3. 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.

4. The government established by the Founding Fathers is based on theories that began with whom?
(a) Plato.
(b) Socrates.
(c) Marx.
(d) Aristotle.

5. The existence of money allows people to avoid the problems of ______.
(a) Savings.
(b) Barter.
(c) Credit.
(d) Interest.

Short Answer Questions

1. What, according to the author, does the gold standard facilitate?

2. Money functions as a __________ in transactions.

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

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

5. The existence of money promotes the division of what?

(see the answer key)

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