Podcast
Questions and Answers
What did Abraham Lincoln's Homestead Act do?
What did Abraham Lincoln's Homestead Act do?
- Divided up wealth among the population
- Gave people free land
- Allowed people to earn ownership of land (correct)
- Limited ownership opportunities
What is the main concern with limiting ownership opportunities to finite land and natural resources?
What is the main concern with limiting ownership opportunities to finite land and natural resources?
- It would require human creativity and ingenuity
- It would ensure poverty for future generations
- It would result in a growing population
- It would divide up wealth into smaller pieces (correct)
What is the purpose of a Capital Homestead Act?
What is the purpose of a Capital Homestead Act?
- To promote free enterprise growth (correct)
- To build a universal political constituency
- To invent new tools of production
- To apply principles of justice
Which of the following is NOT a component of a national Capital Homesteading program?
Which of the following is NOT a component of a national Capital Homesteading program?
What is the purpose of central banks?
What is the purpose of central banks?
What would be the effect of Capital Homesteading reforms on economic growth?
What would be the effect of Capital Homesteading reforms on economic growth?
What is the purpose of a two-tiered interest policy under Capital Homesteading?
What is the purpose of a two-tiered interest policy under Capital Homesteading?
What is one way to maximize ownership opportunities for all citizens?
What is one way to maximize ownership opportunities for all citizens?
What is the purpose of the Capital Homestead Act proposed in the text?
What is the purpose of the Capital Homestead Act proposed in the text?
How much capital credit would be allocated annually to every Capital Homestead Account?
How much capital credit would be allocated annually to every Capital Homestead Account?
What is one of the benefits of implementing the tax and monetary reforms proposed under the Capital Homestead Act?
What is one of the benefits of implementing the tax and monetary reforms proposed under the Capital Homestead Act?
What is the goal of a just tax system?
What is the goal of a just tax system?
What is the suggested tax rate in a more realistic and just tax system?
What is the suggested tax rate in a more realistic and just tax system?
What would be covered by the single-rate tax on individuals?
What would be covered by the single-rate tax on individuals?
How should inheritance policy be restructured according to the text?
How should inheritance policy be restructured according to the text?