Capitalism and Freedom Test | Final Test - Easy

This set of Lesson Plans consists of approximately 110 pages of tests, essay questions, lessons, and other teaching materials.

Capitalism and Freedom Test | Final Test - Easy

This set of Lesson Plans consists of approximately 110 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Capitalism and Freedom Lesson Plans
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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. One threat Friedman believes to the preservation and expansion of freedom is ______.
(a) Economic uncertainties.
(b) An uneducated workforce.
(c) The Kremlin.
(d) Cuba.

2. One argument Friedman theorizes for Social Security is ______.
(a) The neighborhood effect.
(b) Paternalism.
(c) The lost boys result.
(d) The economics of incentives argument.

3. What industry does Friedman use to argue against licensure?
(a) Medical.
(b) Teachers.
(c) Economists.
(d) Attorneys.

4. Friedman claims there is no connection between equal treatment and what?
(a) Equal opportunity.
(b) Equal rights.
(c) Equal shares of income.
(d) Equal protection.

5. What is the major reason Friedman asserts why government intervention has had the opposite of the intended effects?
(a) People in power only seek political gains.
(b) A wealthy few have made the majority of the decisions for the minority.
(c) People attempt to promote their own interests.
(d) People do not abide by the rules of the government.

6. To what previous restrictions on labor does Friedman compare licenses?
(a) Guilds and castes.
(b) Clubs and coalitions.
(c) Fraternities and sororities.
(d) Unions and organizations.

7. Regarding certification, what does Friedman stress increases sales?
(a) Stringent certification controls.
(b) Good products that maintain good reputations.
(c) Word of mouth advertising.
(d) Certificates of authenticity.

8. According to Friedman, Social security measures were enacted to make receipt of assistance a matter of ______.
(a) Paperwork.
(b) Authority.
(c) Principle.
(d) Right.

9. What example does Friedman use to argue against the redistribution of wealth?
(a) Mark Twain.
(b) Davey Crockett.
(c) Robinson Crusoe.
(d) The Swiss Family Robinson.

10. What is one factor that Friedman believes has reduced inequality?
(a) Civil Rights laws.
(b) Advances in technology.
(c) Government intervention.
(d) Educational opportunities.

11. What effect has public housing had on the density of people per dwelling?
(a) Increased it.
(b) Reduced it.
(c) Spread it out.
(d) Maintained it.

12. What example does Friedman use to demonstrate his views on employment practices?
(a) A blacksmith.
(b) A lawyer.
(c) A baker.
(d) A grocer.

13. What is the major disadvantage Friedman describes of the proposed negative income tax?
(a) Determining the level of tax.
(b) Political implications.
(c) Determining the level of benefit.
(d) Implementation implications.

14. Three levels of control are licensing, registration, and ______.
(a) Certification.
(b) Acceptance.
(c) Recognition.
(d) Initiation.

15. What problem did Dicey write about in 1914?
(a) Old age pensions.
(b) Veteran's health benefits.
(c) Prenatal and infant care.
(d) Education for all.

Short Answer Questions

1. According to Friedman, what are licenses restrictions on?

2. What has capitalism done for discrimination according to Friedman?

3. What does FEPC stand for?

4. In Chapter 12, The Alleviation of Poverty, what two things does Friedman say a person cannot be at the same time?

5. Friedman simply states that to alleviate poverty, we should have a program directed at ______.

(see the answer keys)

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