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This quiz consists of 5 multiple choice and 5 short answer questions through The Assault on Integrity.

Multiple Choice Questions

1. The power of the railroads, according to the author, comes from where?
(a) The subsidies.
(b) The economy.
(c) The government.
(d) The market.

2. According to the author, what kind of governments use weapons against their own people?
(a) Communists.
(b) Democracies.
(c) Dictatorships.
(d) Republics.

3. The author believes that as long as capital can flow freely, it will flow where?
(a) To where it is needed the most.
(b) To where it earns the highest rate of return.
(c) To the situation that is best for mankind.
(d) To the situation that is best for society.

4. The first labor laws aimed at children are enacted in what year?
(a) 1808.
(b) 1798.
(c) 1818.
(d) 1788.

5. What does the author believe brought the world out of feudalism?
(a) Statism.
(b) Limited trade.
(c) The Industrial Revolution.
(d) Free trade.

Short Answer Questions

1. Antitrust laws are written in the popular belief that if businesses were left free, what would result?

2. What thrives on free trade, according to the author?

3. What does political economy study?

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

5. When there are _____ ______, firms with good reputations are treated exactly like firms with bad reputations.

(see the answer key)

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