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. What is another word for statism?
(a) Concernism.
(b) Connectivism.
(c) Communism.
(d) Collectivism.

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

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

4. What right does the author believe is basic to the concept of freedom?
(a) Self-governance rights.
(b) Familial rights.
(c) Property rights.
(d) Human rights.

5. Who is the author of this book?
(a) Ayn Rand.
(b) Anna Rand.
(c) Annabelle Rand.
(d) Alena Rand.

Short Answer Questions

1. The author compares statism to what kind of rule?

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

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

4. The Aluminum Company of America is a monopoly in the sense that it has control over what?

5. The author believes that as long as capital can flow freely, it will flow where?

(see the answer key)

This section contains 242 words (approx. 1 page at 300 words per page) View a FREE sample