Capitalism, the Unknown Ideal Quiz | Eight Week Quiz C

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 C

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 The Assault on Integrity.

Multiple Choice Questions

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

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

3. What right does the government have that a private organization does not?
(a) The right to own property.
(b) The right to sue.
(c) The right to negotiate.
(d) The right to use force.

4. How does government regulation, according to the author, try to protect the consumer?
(a) Through patents and trademarks.
(b) Through quality control.
(c) Through elimination of competition.
(d) Through force and fear.

5. The author believes that as long as capital can flow freely, it will flow where?
(a) To the situation that is best for society.
(b) To the situation that is best for mankind.
(c) To where it is needed the most.
(d) To where it earns the highest rate of return.

Short Answer Questions

1. During the Industrial Revolution, where do many children find jobs?

2. What are ALCOA, General Electric and other companies said to be engaged in that cause them to be sued under the antitrust laws?

3. The most successful railroads, according to the author, do what?

4. Money functions as a __________ in transactions.

5. Who is the author of the "Gold and Economic Freedom" chapter?

(see the answer key)

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