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

2. One of the tactics of this group is to paint capitalism as evil.
(a) Dictators.
(b) Liberals.
(c) Democrats.
(d) Communists.

3. 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.

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

5. The Federal Reserve System was created when the government thought that what was happening?
(a) A shortage of interest reserves.
(b) A recession.
(c) A shortage of bank reserves.
(d) A depression.

Short Answer Questions

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

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

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

4. What is the goal of the creation of the Federal Reserve System?

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

(see the answer key)

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