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

Multiple Choice Questions

1. In response to the claim that the superiority of communism is scientifically proven, the American answer is that the U.S. system is based on what?
(a) Belief in mankind.
(b) The rise of the individual.
(c) Faith in God.
(d) Faith in society.

2. Antitrust laws are written in the popular belief that if businesses were left free, what would result?
(a) Absolute power.
(b) Excessive power.
(c) Diminshed power.
(d) Arbitrary power.

3. According to Rand, capitalism is based on what?
(a) Government interference.
(b) Open borders.
(c) Self-motivation.
(d) Altruistic principles.

4. How does the author think the U.S. government does with creating property rights in airwaves?
(a) The author feels the government needs to modify its approach.
(b) The author feels the government does a good job.
(c) The author feels the government succeeds.
(d) The author feels the government fails.

5. The author believes that society today is headed toward what?
(a) Guild socialism.
(b) Dictatorship.
(c) Totalitarianism.
(d) Fascism.

Short Answer Questions

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

2. Who brings the airwaves under U.S. government control?

3. The presence of regulation may make it harder to do what?

4. What, according to the author, does the gold standard facilitate?

5. Who visits the United States and declares that the superiority of communism is scientifically proven?

(see the answer key)

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