Capitalism, the Unknown Ideal Quiz | Eight Week Quiz B

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 B

This set of Lesson Plans consists of approximately 126 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Capitalism, the Unknown Ideal Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through Gold and Economic Freedom.

Multiple Choice Questions

1. Who are against war and the threat of nuclear weapons, according to the author?
(a) Entire populations.
(b) Activists.
(c) Governments.
(d) Peace proponents.

2. When the investors realize they have a problem and they all try to get out of the market, what results?
(a) Panic selling.
(b) Panic buying.
(c) Pulling capital.
(d) Staying put.

3. The Federal Reserve System was created when the government thought that what was happening?
(a) A depression.
(b) A shortage of interest reserves.
(c) A shortage of bank reserves.
(d) A recession.

4. The existence of money allows people to avoid the problems of ______.
(a) Interest.
(b) Credit.
(c) Barter.
(d) Savings.

5. Who does the author say would earn more money than Einstein?
(a) Doris Day.
(b) Elvis Presley.
(c) Karl Marx.
(d) Donna Mae.

Short Answer Questions

1. What is another word for statism?

2. What does the author believe is the basic tool of business?

3. The bloodiest conflicts in history have been _______ _______.

4. The author believes that unions serve a valuable service because they do what?

5. How are the railroads subsidized?

(see the answer key)

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