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This quiz consists of 5 multiple choice and 5 short answer questions through Patents and Copyrights.

Multiple Choice Questions

1. What type of businessmen does the author feel are persecuted?
(a) Small businessmen.
(b) Local businessmen.
(c) Foreign businessmen.
(d) American businessmen.

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

3. Copyrights apply to what?
(a) Actual locations.
(b) Ideas.
(c) Physical items.
(d) Medicines.

4. What is one of the negatives that political power uses?
(a) Taxes.
(b) Regulation.
(c) Threat of imprisonment.
(d) Restrictions.

5. How are the railroads subsidized?
(a) Tax deductions.
(b) Payments.
(c) Research-and-development deductions.
(d) Land grants.

Short Answer Questions

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

2. The term "evils of monopoly" refers to a situation in which the monopolist is completely ______ of the market.

3. What does the author blame for crises and depressions in capitalism?

4. What does the author believe is the basic tool of business?

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

(see the answer key)

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