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. According to the author, in statism, who owns the members of the tribe?
(a) The masses.
(b) The elders.
(c) The tribe.
(d) The elite.

2. Branden says that, according to the statists, depressions are part of what?
(a) Laissez-faire capitalism.
(b) Free-market enterprises.
(c) Economic cycles.
(d) Government-controlled systems.

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

4. The author believes that unions serve a valuable service because they do what?
(a) Raise the cost of production.
(b) Represent the worker to the employer.
(c) Prevent the employer from firing the worker.
(d) Raise the benefits to the worker.

5. What is the name of the railroad company in California that holds a virtual monopoly?
(a) Central Pacific.
(b) Western Pacific.
(c) Main Pacific.
(d) Coastal Pacific.

Short Answer Questions

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

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

3. Railroads are built using government money, and what happens to many of them?

4. How, according to the author, does the concept of private property come into existence?

5. Competition, according to the author, is regulated by what market?

(see the answer key)

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