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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 1, The Relation between Economic Freedom and Political Freedom.

Multiple Choice Questions

1. Friedman advocates that government should not be a master, but a/an ______.
(a) Instrument.
(b) Mechanism.
(c) Philosophy.
(d) Slave.

2. For Friedman, what is an all-embracing ethic?
(a) Education.
(b) Government.
(c) Religion.
(d) Freedom.

3. A common misunderstanding of economic freedom, according to Friedman, is that it emphasizes ______.
(a) Wealth.
(b) Materialism.
(c) Socialism.
(d) Prosperity.

4. Friedman asserts that current liberalism is tied to the state management of ______.
(a) The educational system.
(b) Social welfare.
(c) The economy.
(d) The electoral vote.

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

Short Answer Questions

1. Friedman believes that free markets are not sufficient for political freedom since many countries demonstrate the possibility of ______.

2. What does Friedman say can government not duplicate?

3. In Friedman's analysis, what century is the historical exception to most men living in tyranny, servitude, and misery?

4. Friedman hypothesizes that the change from free market societies to economic controlled ones led classical liberals to worry that it would ______ political freedom.

5. A major point for Friedman is that politics and economics are not ______.

(see the answer key)

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