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. Who does Friedman believe maintains the system of licensure?
(a) Local unions.
(b) Federal government.
(c) Licensure review board.
(d) Licensed members of each field.

2. What does Friedman advocate the abolition of in Chapter 10, The Distribution of Income?
(a) Flat-rate income tax.
(b) Welfare.
(c) Trade unions.
(d) Corporate income tax.

3. Instead of reducing inequality, Friedman states the income tax has favored ______.
(a) Subsidies for farmers.
(b) The growth of labor unions.
(c) Public housing.
(d) The growth of large corporations.

4. Who does Friedman believe is most critical of capitalism?
(a) Democrats.
(b) Marxists.
(c) Socialists.
(d) Communists.

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

6. What has capitalism done for discrimination according to Friedman?
(a) Widened.
(b) Increased it.
(c) Abolished it.
(d) Reduced it.

7. For Friedman, what is the main argument for licensure?
(a) Racism.
(b) Materialism.
(c) Maternalism.
(d) Paternalism.

8. What is the term for making non-membership in a union a condition of employment?
(a) "Blue-bee" contract.
(b) Red-cat" contract.
(c) "Green-bird" contract.
(d) "Yellow-dog" contract.

9. Friedman hypothesizes that there has been a change in discrimination along with the rise of capitalism because ______.
(a) Contract arrangements replaced status as a source of wealth.
(b) There has been an increase in the population of skilled workers.
(c) Religion has argued equality on moral grounds.
(d) Greed has overtaken all ethical values.

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

11. According to Friedman, the essence of a competitive market is its ______ character.
(a) Trustworthy.
(b) Impersonal.
(c) Private.
(d) Public.

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

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

14. In Chapter 10, The Distribution of Income, what was the chief characteristic of progress and development over the past century?
(a) Advances in entertainment.
(b) Increae in leisure time.
(c) Advances in education.
(d) Advances in technology.

15. What type of society does Friedman believe is least materialistic?
(a) Socialist.
(b) Collectivist.
(c) Capitalist.
(d) Marxist.

Short Answer Questions

1. Friedman believes that the goddess of chance is ______.

2. What does Friedman believe makes registration easier?

3. What does OASI stand for?

4. What prefix were New Dealers commonly called?

5. Regarding certification, what does Friedman stress increases sales?

(see the answer keys)

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