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| Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through The Obliteration of Capitalism.
Multiple Choice Questions
1. Governor Romney says we do not have a system of capitalism but of what?
(a) Retaliation.
(b) Consumerism.
(c) Regulation.
(d) Protectionism.
2. The existence of money promotes the division of what?
(a) Economic classes.
(b) Social classes.
(c) Labor.
(d) Specialties.
3. What, according to the author, does the gold standard facilitate?
(a) Production and sales.
(b) Trade and production.
(c) Growth and sales.
(d) Trade and growth.
4. According to the author, many less-developed countries feel ______ by capitalism.
(a) Harassed.
(b) Neglected.
(c) Pleased.
(d) Threatened.
5. To function as a medium of exchange, an item must be durable and what?
(a) Common.
(b) Sturdy.
(c) Scarce.
(d) Plentiful.
Short Answer Questions
1. One of the tactics of this group is to paint capitalism as evil.
2. What is the goal of the creation of the Federal Reserve System?
3. Among those countries of the world that have had fascist dictatorships, a favorable opinion of _______ is found.
4. In a gold-standard system, gold will flow from a low-interest-rate country to where?
5. What is one function of money?
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This section contains 213 words (approx. 1 page at 300 words per page) |
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