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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. What is another word for statism?
(a) Collectivism.
(b) Connectivism.
(c) Communism.
(d) Concernism.

2. What is the abbreviation for the Aluminum Company of America?
(a) ACOA.
(b) ALCOOA.
(c) ALCOA.
(d) ALCA.

3. What type of businessmen does the author feel are persecuted?
(a) Local businessmen.
(b) Small businessmen.
(c) Foreign businessmen.
(d) American businessmen.

4. What does statism survive on, according to the author?
(a) Expansion.
(b) Trade.
(c) Peace.
(d) War.

5. The power of the railroads, according to the author, comes from where?
(a) The government.
(b) The subsidies.
(c) The economy.
(d) The market.

Short Answer Questions

1. What are the two most common metals used as a medium of exchange?

2. The author compares statism to what kind of rule?

3. Money functions as a __________ in transactions.

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

5. Instead of reading the antitrust laws to decide if something is legal, people must read what?

(see the answer key)

This section contains 174 words (approx. 1 page at 300 words per page) View a FREE sample