View a FREE sample

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

Multiple Choice Questions

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

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

3. What is the goal of the creation of the Federal Reserve System?
(a) To ease temporary reserve shortages.
(b) To create a spending account for the military.
(c) To create a national savings account.
(d) To limit the amount of currency in circulation.

4. When there are _____ ______, firms with good reputations are treated exactly like firms with bad reputations.
(a) Market incentives.
(b) Government regulations.
(c) Quality control.
(d) Customer services.

5. How many keystones are there to capitalism?
(a) Five.
(b) Seven.
(c) Four.
(d) Six .

Short Answer Questions

1. The author states that most wars are started by countries with what?

2. When there is protection of the consumer by the government, it lessens the efforts of the firm to provide protection through ________.

3. What is one function of money?

4. Antitrust laws are written in the popular belief that if businesses were left free, what would result?

5. According to the author, statism is often linked to what other "ism"?

(see the answer key)

This section contains 251 words (approx. 1 page at 300 words per page) View a FREE sample