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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. What does Friedman believe coordinates individuals over vast distances and across all belief systems?
(a) The educational system.
(b) The electoral system.
(c) The price system.
(d) The geographic system.

2. In Friedman's mind, why is centralization attractive to many?
(a) Streamlined services.
(b) Consolidation of power.
(c) Government can promote the public interest.
(d) Better pool of resources.

3. According to Friedman, what is a necessary condition for political freedom?
(a) Governmental regulation.
(b) Fair trade.
(c) A high gross domestic product.
(d) Competitive capitalism.

4. In Friedman's analysis, what century is the historical exception to most men living in tyranny, servitude, and misery?
(a) 17th.
(b) 18th.
(c) 20th.
(d) 19th.

5. What does Friedman believe needs protection in order for the freedom of the market to arise?
(a) Contracts.
(b) Religion.
(c) Citizens.
(d) Government.

Short Answer Questions

1. For Friedman, what is something that when privately owned can be used if the price is right?

2. Besides enforcing contracts, what one other thing does Friedman say government should do?

3. Who does Friedman state rejects the view that the government is the patron or master of the citizenry?

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

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

(see the answer key)

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