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This quiz consists of 5 multiple choice and 5 short answer questions through Notes on the History of American Free Enterprise.

Multiple Choice Questions

1. The author believes that, in statism, businessmen are what?
(a) The politicians.
(b) The scapegoats.
(c) The taxpayers.
(d) The elite.

2. What, according to the author, does the gold standard facilitate?
(a) Trade and growth.
(b) Growth and sales.
(c) Production and sales.
(d) Trade and production.

3. The author believes that businessmen take the blame for what?
(a) Depressions.
(b) Recessions.
(c) Government actions.
(d) Capitalism.

4. The most successful railroads, according to the author, do what?
(a) Allow the government to completely fund the projects.
(b) Take a lot of financial aid from the government.
(c) Never receive financial aid from the government.
(d) Repay their financial aid from the government.

5. What does the author believe is the basic tool of the bureaucrat?
(a) Disrespect.
(b) Immorality.
(c) Fear.
(d) Loathing.

Short Answer Questions

1. Who is the author of the antitrust chapter?

2. What subject does Stewart Holbrook write about?

3. According to the author, statism is often linked to what other "ism"?

4. Money functions as a __________ in transactions.

5. What does statism survive on, according to the author?

(see the answer key)

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