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This quiz consists of 5 multiple choice and 5 short answer questions through Antitrust.

Multiple Choice Questions

1. According to classical economics, what is the basis of competition?
(a) Producing and selling in a down market.
(b) Producing and selling as much as possible.
(c) Producing and selling in a regulated system.
(d) Producing and selling for profit.

2. According to the author, what kind of governments use weapons against their own people?
(a) Democracies.
(b) Communists.
(c) Dictatorships.
(d) Republics.

3. What is the name of the theory that states that good is embodied in various actions regardless of benefits and consequences?
(a) The intrinsic theory.
(b) The adherence theory.
(c) The subjectivist theory.
(d) The implication theory.

4. The author believes that, in statism, businessmen are what?
(a) The elite.
(b) The scapegoats.
(c) The politicians.
(d) The taxpayers.

5. How, according to the author, does the concept of private property come into existence?
(a) From Karl Marx.
(b) During feudalism.
(c) With capitalism.
(d) Through the Cultural Revolution.

Short Answer Questions

1. What is the result of railroad subsidies by the government?

2. According to the author, statism is often linked to what other "ism"?

3. What right does the author believe is basic to the concept of freedom?

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

5. How is man viewed in tribal European culture?

(see the answer key)

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