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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9, Occupational Licensure.

Multiple Choice Questions

1. Regarding certification, what does Friedman stress increases sales?
(a) Certificates of authenticity.
(b) Good products that maintain good reputations.
(c) Stringent certification controls.
(d) Word of mouth advertising.

2. Originally, liberalism fought for freedom of thought, free-markets, free trade, constitutionalism, representative government, and ______.
(a) The rule of law.
(b) A welfare state.
(c) Rights of the poor.
(d) Fair trade.

3. One of Friedman's claims for government involvement in education asserts that there are ______ to education.
(a) Positive externalities.
(b) Extreme costs.
(c) Negative externalities.
(d) Minimal costs.

4. Friedman uses the example of selling ______ to demonstrate a true global economy.
(a) Oil.
(b) Rice.
(c) Wheat.
(d) Corn.

5. According to Friedman, what cannot exist without a literate and informed population?
(a) Democratic societies.
(b) A progressive political system.
(c) First world countries.
(d) A well-armed militia.

Short Answer Questions

1. According to Friedman, what is a necessary condition for political freedom?

2. Which term refers to the government stimulating spending?

3. How many problems with monopolies does Friedman describe?

4. One question Friedman asks is how we can stop government from destroying ______.

5. One role of government argued by the New Deal was to ______.

(see the answer key)

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