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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. According to the author, what will cure economic problems quickest and best?

2. The author believes that capitalism cannot function with what?

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

4. What is the name of the theory that states that good is embodied in various actions regardless of benefits and consequences?

5. What chapter does Nathaniel Branden write?

Short Essay Questions

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

2. How does government involvement help cause the Great Depression?

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

4. What does Greenspan think of U.S. antitrust laws?

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

6. What is the Homestead Act?

7. How does government regulation purport to protect the consumer?

8. How does a government protect its citizens?

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Based on the information given in this book, do men work better in an atmosphere of freedom rather than one of coercion? Why or why not? Use examples from the book to support your answer.

Essay Topic 2

According to the theories the authors present, why can freedom only exist under capitalism? Support your answer with examples from the text.

Essay Topic 3

What are the differences between the pope's encyclical and Rand's view of capitalism? Use the text to find examples to support your answer.

(see the answer keys)

This section contains 541 words (approx. 2 pages at 300 words per page) View a FREE sample