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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 bloodiest conflicts in history have been _______ _______.
(a) World wars.
(b) Area wars.
(c) Local wars.
(d) Civil wars.
2. Branden says that public education is not a ______ _______ because it must be paid for.
(a) Free gift.
(b) Mandatory requirement.
(c) Absolute right.
(d) Essential element.
3. Railroads are built using government money, and what happens to many of them?
(a) They go bankrupt.
(b) They prosper.
(c) They abuse their workers.
(d) They repay the investors.
4. What does the author believe is the basic tool of business?
(a) Land.
(b) Values.
(c) Labor.
(d) Wages.
5. According to the author, statism is often linked to what other "ism"?
(a) Conservatism.
(b) Republicanism.
(c) Militarism.
(d) Liberalism.
Short Answer Questions
1. Competition, according to the author, is regulated by what market?
2. What is the position held by the man who brings the airwaves under U.S. government control?
3. What is the abbreviation for the Aluminum Company of America?
4. Antitrust laws are written in the popular belief that if businesses were left free, what would result?
5. Which British civil servant says the U.S. antitrust laws cannot be understood?
Short Essay Questions
1. What do the businessmen take the blame for in the case of the Central Pacific Railroad?
2. How do most political economists approach their study of man?
3. What are the first labor laws concerning factories about?
4. How does government involvement help cause the Great Depression?
5. How are some of the railroads not responsive to the market?
6. Why are people terrified of war, according to the author?
7. What is a coercive monopoly?
8. What are the first labor laws concerning children about?
9. How is intellectual property different than physical property?
10. According to the author, how is science collapsing?
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This section contains 563 words (approx. 2 pages at 300 words per page) |
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