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This quiz consists of 5 multiple choice and 5 short answer questions through The Pull Peddlers.

Multiple Choice Questions

1. What is trade without any barriers known as?
(a) Limited trade.
(b) Free trade.
(c) Expansionist trade.
(d) Capitalist trade.

2. What is the name that the nobility, and the king, use to describe people who are considered property?
(a) Chattel.
(b) Chartered.
(c) Chargrin.
(d) Cattle.

3. How long do copyrights last in the United Kingdom?
(a) The life of the originator plus 50 years.
(b) The life of the originator plus 75 years.
(c) The life of the originator plus 100 years.
(d) The life of the originator plus 25 years.

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

5. The author believes that Louis XIV creates a welfare state and ruins what?
(a) The domestic economy.
(b) The international trade of silk.
(c) The domestic product.
(d) The international market.

Short Answer Questions

1. The existence of money promotes the division of what?

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

3. The author says the Industrial Revolution would never occur under what?

4. What is the position held by the man who brings the airwaves under U.S. government control?

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

(see the answer key)

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