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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. The government established by the Founding Fathers is based on theories that began with whom?
(a) Marx.
(b) Aristotle.
(c) Plato.
(d) Socrates.

2. What is another word for statism?
(a) Collectivism.
(b) Communism.
(c) Concernism.
(d) Connectivism.

3. What is the result of railroad subsidies by the government?
(a) Well-done construction.
(b) Massive construction.
(c) Substandard construction.
(d) Rapid construction.

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

5. What, according to the author, does the gold standard facilitate?
(a) Production and sales.
(b) Growth and sales.
(c) Trade and production.
(d) Trade and growth.

Short Answer Questions

1. According to the author, what is the cause of the Great Depression?

2. What does the author believe is the basic tool of the bureaucrat?

3. What is the goal of the creation of the Federal Reserve System?

4. What helps pull the U.S. out of the Great Depression?

5. What right does the author believe is basic to the concept of freedom?

Short Essay Questions

1. What role do land grants play in railroad construction?

2. How does Alan Greenspan describe a business world with antitrust laws?

3. What is the concept of man that underlies statism?

4. What does the author believe happens if a nation doesn't respect the rights of its citizens?

5. How are businessmen persecuted?

6. How are some of the railroads not responsive to the market?

7. What should the governments of free countries protect?

8. What is a coercive monopoly?

9. How is banking controlled when the system is based on gold?

10. According to the author, how is science collapsing?

(see the answer keys)

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