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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. One cost of union negotiated wages, according to the author, is what?

2. What does Greenspan claim is the best protection for the consumer?

3. How are the railroads subsidized?

4. To function as a medium of exchange, an item must be durable and what?

5. Railroads are built using government money, and what happens to many of them?

Short Essay Questions

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

2. What are the first labor laws concerning children about?

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

4. How does the existence of money help people?

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

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

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

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

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What are some common fallacies about capitalism, and how do the common fallacies affect capitalism? Use examples from the text to support your answer.

Essay Topic 2

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

Essay Topic 3

Compare and contrast the way the author treats liberal and conservative ideas in her book. Support your answer with examples from the text.

(see the answer keys)

This section contains 521 words (approx. 2 pages at 300 words per page) View a FREE sample