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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What is another word for statism?

2. How does government regulation, according to the author, try to protect the consumer?

3. Who is J.J. Hill?

4. The first labor laws aimed at children are enacted in what year?

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

Short Essay Questions

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

2. What does Branden claim is a fallacy of Marxism?

3. What is a coercive monopoly?

4. What does capitalism do to the standard of living?

5. What do the businessmen take the blame for in the case of the Central Pacific Railroad?

6. Why are people terrified of war, according to the author?

7. What does Branden believe causes depressions?

8. How would the consumer be protected in a true capitalist market?

9. What is the Homestead Act?

10. What are patents and copyrights?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Why does Rand feel the U.S. system is headed for fascism? What arguments and evidence does she present to support her view? Cite examples from the book to support your answer.

Essay Topic 2

According to the information presented in the book, what are the political, economic, social, moral and philosophic differences between the reason-individualism-capitalism position and the mysticism-altruism-collectivism positions?

Essay Topic 3

What is taxation, and what is its effect on the economy? Cite specific examples from the book to support your answer.

(see the answer keys)

This section contains 523 words (approx. 2 pages at 300 words per page) View a FREE sample