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This quiz consists of 5 multiple choice and 5 short answer questions through Forward - Chapter 3.

Multiple Choice Questions

1. In what political structure does the government set the price and decide what's on the shelves?
(a) Marxism.
(b) Capitalism.
(c) Utopianism.
(d) Communism.

2. In what year did Douglas Ivester tell his sales team to pass free Coca-Cola around as the Berlin Wall toppled?
(a) 1989.
(b) 1982.
(c) 1977.
(d) 1969.

3. When was Douglas Ivester born?
(a) 1947.
(b) 1958.
(c) 1939.
(d) 1922.

4. In what year did the French government try to address its unemployment rates with what the author calls the economic equivalent of fool's gold?
(a) 1997.
(b) 1993.
(c) 2000.
(d) 1988.

5. What country withdrew from OPEC in 2008 after it became a net importer of oil?
(a) Indonesia.
(b) The United States.
(c) Mexico.
(d) Egypt.

Short Answer Questions

1. When did Ross Perot found Electronic Data Systems?

2. OPEC is an intergovernmental organization of how many oil-producing countries?

3. According to the author in Chapter 3, it's up to whom to consider the broad social consequences of decisions In a market economy?

4. What are negative results which occur while trying to achieve a goal for the common good?

5. What does CEO stand for?

(see the answer key)

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