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This quiz consists of 5 multiple choice and 5 short answer questions through The New Fascism: Rule by Consensus.

Multiple Choice Questions

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

2. What does the John Birch Society call Eisenhower?
(a) A slave owner.
(b) A Communist.
(c) An elitist.
(d) A warmonger.

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

4. What kind of medicine is part of the British economic system?
(a) Decentralized.
(b) Individual.
(c) Socialized.
(d) Localized.

5. Instead of reading the antitrust laws to decide if something is legal, people must read what?
(a) Supreme Court decisions.
(b) Case law.
(c) History.
(d) Delaware corporations code.

Short Answer Questions

1. What is one function of money?

2. According to the author, the conflict for liberals and conservatives is between the state and whom?

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

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

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

(see the answer key)

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