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

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

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

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

Short Answer Questions

1. Governor Romney says we do not have a system of capitalism but of what?

2. When does the gold standard cease to exist?

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

4. Among those countries of the world that have had fascist dictatorships, a favorable opinion of _______ is found.

5. One of the tactics of this group is to paint capitalism as evil.

(see the answer key)

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