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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. How long do copyrights last in the United Kingdom?

2. During the Industrial Revolution, where do many children find jobs?

3. The most successful railroads, according to the author, do what?

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

5. What does the author blame for crises and depressions in capitalism?

Short Essay Questions

1. What does Branden believe causes depressions?

2. How is banking controlled when the system is based on gold?

3. How does Alan Greenspan describe a business world with antitrust laws?

4. What does the author believe about the disintegration of philosophy?

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

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

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

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

9. What are patents and copyrights?

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Using information provided in the text, answer the following question: What is the purpose of the individual in capitalism?

Essay Topic 2

What do the various authors believe about government spending? How do Greenspan, Rand, Hessen and Branden say government should spend its money and resources? Use examples from the book to compare and contrast the various authors and their beliefs.

Essay Topic 3

What does the author believe about businessmen and capitalism? How are businessmen central to the author's arguments about capitalism?

(see the answer keys)

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