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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. Instead of reducing inequality, Friedman states the income tax has favored ______.
2. What has capitalism done for discrimination according to Friedman?
3. Friedman would agree that racism is ______.
4. According to Friedman, what is the goal of government intervention regarding the distribution of income?
5. What example does Friedman use to demonstrate his views on employment practices?
Short Essay Questions
1. If people were given cash instead of subsidies like food stamps, how might they would use it to get themselves out of poverty, and how might it be wasted?
2. Where do you stand: are you on the liberal free market side or more on the government intervention side? Why?
3. According to Friedman, is there any justification for government intervention when it comes to distributing wealth?
4. What are two problems with monopolies for the liberal?
5. According to Friedman, can a liberal be an egalitarian?
6. What example does Friedman use to illustrate his point about direct cash payments to those below a certain income level?
7. In Chapter 13, Friedman summarizes his examples. Which do you disagree with?
8. What are the three primary forms of monopoly?
9. Do you think people should be forced to participate in social security?
10. According to Friedman, do monopolies have any sort of "social responsibility"?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Friedman gives many historical examples to illustrate his point about the relationship between economic and political freedom. Examine these historical examples and decide whether they prove Friedman's thesis.
Essay Topic 2
What is the balance wheel theory of intervention? What is Friedman's view on it?
Essay Topic 3
Friedman uses two reasons to justify government intervention: the neighborhood effect and paternalism. Analyze these reasons and determine whether they are sufficient justifications for government intervention.
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This section contains 682 words (approx. 3 pages at 300 words per page) |
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