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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. The author believes that antitrust laws are a _______ ________________ of history.

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

3. Branden says that public education is not a ______ _______ because it must be paid for.

4. When the investors realize they have a problem and they all try to get out of the market, what results?

5. Copyrights apply to what?

Short Essay Questions

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

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

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

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

5. What are patents and copyrights?

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

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

8. How does gold flow through the international system?

9. What does Branden believe causes depressions?

10. What is a coercive monopoly?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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.

Essay Topic 2

Based on the information presented in the book, do you think that Rand is a conservative or a liberal? Why? Use examples from the book to support your answer.

Essay Topic 3

What does the author believe about businessmen and capitalism? How are businessmen central to the author's arguments about capitalism?

(see the answer keys)

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