View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Notes on the History of American Free Enterprise.

Multiple Choice Questions

1. Instead of reading the antitrust laws to decide if something is legal, people must read what?
(a) History.
(b) Case law.
(c) Delaware corporations code.
(d) Supreme Court decisions.

2. According to the author, in statism, who owns the members of the tribe?
(a) The elders.
(b) The tribe.
(c) The elite.
(d) The masses.

3. How are the railroads subsidized?
(a) Land grants.
(b) Payments.
(c) Tax deductions.
(d) Research-and-development deductions.

4. What does the author believe brought the world out of feudalism?
(a) Free trade.
(b) Statism.
(c) The Industrial Revolution.
(d) Limited trade.

5. The Aluminum Company of America is a monopoly in the sense that it has control over what?
(a) Its suppliers.
(b) Its price.
(c) Its independence.
(d) Its sellers.

Short Answer Questions

1. What do the courts protect?

2. What type of businessmen does the author feel are persecuted?

3. What is the name of the railroad company in California that holds a virtual monopoly?

4. According to the author, what kind of governments use weapons against their own people?

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

(see the answer key)

This section contains 186 words (approx. 1 page at 300 words per page) View a FREE sample