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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 hypothesizes that the change from free market societies to economic controlled ones led classical liberals to worry that it would ______ political freedom.
(a) Weaken.
(b) Bolster.
(c) Undermine.
(d) Strengthen.

2. For Friedman, where is the best place for power to be held?
(a) At the federal level.
(b) In the local community.
(c) In the economic system.
(d) In the states.

3. In Friedman's opinion, what should individuals be allowed to do?
(a) Elect their own leaders.
(b) Pursue their own ends.
(c) Choose their own religion.
(d) Print their own money.

4. Friedman states that government should be ______.
(a) Incorporated.
(b) Decentralized.
(c) Consolidated.
(d) Streamlined.

5. Friedman believes that economic control can lead to infringements on ______.
(a) Social welfare.
(b) International trade.
(c) Licensing requirements.
(d) Liberties.

Short Answer Questions

1. Friedman believes that government that has the power to do good, also has the power to do ______.

2. Friedman asserts that current liberalism is tied to the state management of ______.

3. What does Friedman believe coordinates individuals over vast distances and across all belief systems?

4. What does Friedman say can government not duplicate?

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

(see the answer key)

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