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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What chapter does Nathaniel Branden write?

2. The Aluminum Company of America holds a position as the only producer of what?

3. How are the railroads subsidized?

4. Competition, according to the author, is regulated by what market?

5. Who writes the chapter entitled "The Effects of the industrial Revolution on Women and Children"?

Short Essay Questions

1. How are some of the railroads not responsive to the market?

2. What does Greenspan think of U.S. antitrust laws?

3. What is the study of political economy?

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

5. What do the peace proponents believe about force?

6. What should the governments of free countries protect?

7. What problems do the airwaves run into in the beginning of radio?

8. What does the author believe happens if a nation doesn't respect the rights of its citizens?

9. What role do land grants play in railroad construction?

10. What is a coercive monopoly?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Why did the French businessmen tell Colbert to "Laissez-nous faire"? What does their response have to do with capitalism? Cite examples from the book to support your answer.

Essay Topic 2

There are several mentions of why noncapitalist countries that do not like capitalism. What are the reasons the authors give for noncapitalist nations hating and condemning capitalism? Are these reasons logical and rational based on the theories of capitalism presented in the book? Support your answer with examples from the book.

Essay Topic 3

What are some common fallacies about capitalism, and how do the common fallacies affect capitalism? Use examples from the text to support your answer.

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This section contains 575 words (approx. 2 pages at 300 words per page) View a FREE sample