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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 the U.S., the economic system isn't a pure capitalist system but is what?
(a) A mixed capitalism.
(b) A mixed economy.
(c) A mixed system.
(d) A mixed socialism.

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

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

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

Short Answer Questions

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

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

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

4. Who does Algeria fight for independence?

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

(see the answer key)

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