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This quiz consists of 5 multiple choice and 5 short answer questions through Patents and Copyrights.

Multiple Choice Questions

1. What is one of the negatives that political power uses?
(a) Restrictions.
(b) Threat of imprisonment.
(c) Taxes.
(d) Regulation.

2. What is one function of money?
(a) A means of accounting.
(b) A means of wealth.
(c) A means of processing.
(d) A means of saving.

3. What subject does Stewart Holbrook write about?
(a) Failure of the railroads.
(b) Railroad monopolies.
(c) Corruption in the railroads.
(d) Government assistance to the railroads.

4. Antitrust laws are written in the popular belief that if businesses were left free, what would result?
(a) Excessive power.
(b) Absolute power.
(c) Diminshed power.
(d) Arbitrary power.

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

Short Answer Questions

1. Who does the author say would earn more money than Einstein?

2. How does government regulation, according to the author, try to protect the consumer?

3. What is the first antitrust legislation?

4. When there is protection of the consumer by the government, it lessens the efforts of the firm to provide protection through ________.

5. According to the author, what is the cause of the Great Depression?

(see the answer key)

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