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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. In a free market, economic power is determined by what?
(a) Supply and demand.
(b) Surplus.
(c) Inflation.
(d) Price and wages.

2. The Aluminum Company of America holds a position as the only producer of what?
(a) Aluminum alloy.
(b) Primary aluminum.
(c) Secondary aluminum.
(d) Tin-aluminum.

3. Who is the author of the antitrust chapter?
(a) Alan Greenspan.
(b) Arnod Greenspan.
(c) Arnold Greenspan.
(d) Alex Greenspan.

4. Who is the author of the "Gold and Economic Freedom" chapter?
(a) Alan Greenspan.
(b) Theodore Huffington.
(c) Richard Fullerton.
(d) Marcus Bludger.

5. The author believes that businessmen take the blame for what?
(a) Capitalism.
(b) Depressions.
(c) Recessions.
(d) Government actions.

Short Answer Questions

1. What thrives on free trade, according to the author?

2. Which British civil servant says the U.S. antitrust laws cannot be understood?

3. Antitrust laws are written in the popular belief that if businesses were left free, what would result?

4. What is one of the negatives that political power uses?

5. According to the author, in statism, who owns the members of the tribe?

(see the answer key)

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