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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. When government sets the objectives to be obtained, then it becomes what type of state?

2. What does the author believe is the basis for a mixed economy?

3. William Petersen is a professor of what?

4. According to the author, smears fall into the category known as what?

5. Governor Romney says we do not have a system of capitalism but of what?

Short Essay Questions

1. What meaning does the author give to the idea that public interest supersedes private interests and rights?

2. How does the author see the conflict between the Democrats and the Republicans in America?

3. What is the theme of "Atlas Shrugged"?

4. What do Republicans and Democrats claim about their side in the fight to save civilization?

5. What is the reason, according to the author, that capitalism is having trouble sustaining itself?

6. What does the pope's encyclical say motivates capitalism?

7. Why, according to the author, do many less-developed countries hate the U.S.?

8. When does the author say that an irrational side will win an argument?

9. What does taxation do to the marketplace?

10. How is property dealt with in fascism?

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

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 3

Why did the French businessmen tell Colbert to "Laissez-nous faire"? What does their response have to do with capitalism? Cite examples from the book to support your answer.

(see the answer keys)

This section contains 602 words (approx. 3 pages at 300 words per page) View a FREE sample