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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 13, Conclusion.

Multiple Choice Questions

1. One question Friedman asks is how we can stop government from destroying ______.
(a) Taxes.
(b) Entertainment.
(c) Freedom.
(d) Citizens.

2. Forming a list of who engages in what is known as ______.
(a) Registration.
(b) Listing.
(c) Licensing.
(d) Organizing.

3. According to Friedman, a liberal will welcome measures that promote what?
(a) Freedom and equality.
(b) Elimination of poverty.
(c) Wealth and freedom.
(d) Power and politics.

4. Friedman believes that free markets are not sufficient for political freedom since many countries demonstrate the possibility of ______.
(a) Dictatorial government.
(b) Authoritarian capitalism.
(c) Laissez-faire markets.
(d) Economic freedom.

5. What term describes the deliberate setting of prices through an agreement by firms?
(a) Collusion.
(b) Free market.
(c) Monopoly.
(d) Labor unions.

Short Answer Questions

1. Friedman states that ______ is a generator of inequality.

2. Friedman uses the example of selling ______ to demonstrate a true global economy.

3. Friedman claims there is no connection between equal treatment and what?

4. In Friedman's mind, why is centralization attractive to many?

5. One argument Friedman theorizes for Social Security is ______.

(see the answer key)

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