View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Gold and Economic Freedom.

Multiple Choice Questions

1. The Aluminum Company of America is a monopoly in the sense that it has control over what?
(a) Its sellers.
(b) Its price.
(c) Its independence.
(d) Its suppliers.

2. What is one of the keystones of capitalism?
(a) Philosophy.
(b) Thinking.
(c) Logic.
(d) Reason.

3. What is the name that the nobility, and the king, use to describe people who are considered property?
(a) Chartered.
(b) Chattel.
(c) Chargrin.
(d) Cattle.

4. 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 implication theory.
(c) The subjectivist theory.
(d) The adherence theory.

5. A fear of _______ leads to the passage of the first antitrust laws.
(a) Oligarchies.
(b) Conglomerates.
(c) Monopolies.
(d) Trusts.

Short Answer Questions

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

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

3. What is trade without any barriers known as?

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

5. The Aluminum Company of America holds a position as the only producer of what?

(see the answer key)

This section contains 202 words (approx. 1 page at 300 words per page) View a FREE sample