Free to Choose: A Personal Statement | Short Essay Assignments

Short Essay Questions

The 60 short essay questions listed in this section require a one to two sentence answer. They ask students to demonstrate a deeper understanding of the text. Students must describe what they've read, rather than just recall it.

Short Essay Question - Chapter 1, The Power of the Market

1. What are the basics for the production and consumption of goods and services?

2. What good does Friedman use as an example of voluntary exchange?

3. What is the concept of the invisible hand?

4. What are the three functions of prices?

5. What happens if there in interference with prices?

6. What is a market failure?

Short Essay Question - Chapter 2, The Tyranny of Controls

7. What are the results of trade barriers?