Capitalism, the Unknown Ideal Test | Mid-Book Test - Medium

This set of Lesson Plans consists of approximately 126 pages of tests, essay questions, lessons, and other teaching materials.

Capitalism, the Unknown Ideal Test | Mid-Book Test - Medium

This set of Lesson Plans consists of approximately 126 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Capitalism, the Unknown Ideal Lesson Plans
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. The author says the Industrial Revolution would never occur under what?
(a) Statism.
(b) Communism.
(c) A restrained-trade economy.
(d) A planned economy.

2. Who brings the airwaves under U.S. government control?
(a) Grossman.
(b) FDR.
(c) Eisenhower.
(d) Herbert Hoover.

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

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

5. According to Rand, capitalism is based on what?
(a) Open borders.
(b) Altruistic principles.
(c) Government interference.
(d) Self-motivation.

Short Answer Questions

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

2. Copyrights apply to what?

3. The first labor laws aimed at children are enacted in what year?

4. How are the railroads subsidized?

5. What is another word for statism?

Short Essay Questions

1. What do the peace proponents believe about force?

2. What does Branden believe causes depressions?

3. What are pre-capitalist societies based on?

4. How are businessmen persecuted?

5. What does A.D. Neale think about U.S. antitrust laws?

6. How would the consumer be protected in a true capitalist market?

7. How do most political economists approach their study of man?

8. What is the concept of man that underlies statism?

9. According to the author, how is science collapsing?

10. How does the existence of money help people?

(see the answer keys)

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