Capitalism, the Unknown Ideal Quiz | Eight Week Quiz A

This set of Lesson Plans consists of approximately 126 pages of tests, essay questions, lessons, and other teaching materials.

Capitalism, the Unknown Ideal Quiz | Eight Week Quiz A

This set of Lesson Plans consists of approximately 126 pages of tests, essay questions, lessons, and other teaching materials.
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This quiz consists of 5 multiple choice and 5 short answer questions through Antitrust.

Multiple Choice Questions

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

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

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

4. The author states that most wars are started by countries with what?
(a) Controlled economies.
(b) Fair trade.
(c) Restricted economies.
(d) Restrained trade.

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

Short Answer Questions

1. Competition, according to the author, is regulated by what market?

2. What do the courts protect?

3. Who is the author of this book?

4. What is the first antitrust legislation?

5. What does political economy study?

(see the answer key)

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