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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 the name of the theory that states that good is embodied in various actions regardless of benefits and consequences?
(a) The implication theory.
(b) The adherence theory.
(c) The intrinsic theory.
(d) The subjectivist theory.

2. Competition, according to the author, is regulated by what market?
(a) Growth market.
(b) Securities market.
(c) Capital market.
(d) Stock market.

3. The author says the Industrial Revolution would never occur under what?
(a) A planned economy.
(b) Statism.
(c) A restrained-trade economy.
(d) Communism.

4. What is one function of money?
(a) A means of saving.
(b) A means of processing.
(c) A means of wealth.
(d) A means of accounting.

5. Who writes the chapter entitled "The Effects of the industrial Revolution on Women and Children"?
(a) Robert Fulgrough.
(b) Robert Lackser.
(c) Robert Gallegar.
(d) Robert Hessen.

Short Answer Questions

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

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

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

4. According to classical economics, what is the basis of competition?

5. What is trade without any barriers known as?

(see the answer key)

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