Capitalism and Freedom Test | Final Test - Medium

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 - Medium

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 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Another threat for Friedman to the preservation and expansion of freedom is:
(a) An internal threat of licensure requirements.
(b) An internal threat of government regulation.
(c) An internal threat of unfair political practices.
(d) An internal threat of labor unions.

2. Which group does Friedman believe to be contradictory in their views on free speech and fair employment laws?
(a) FCC.
(b) NAACP.
(c) ACLU.
(d) ACSA.

3. One recourse recommended by Friedman for poverty is ______.
(a) Government assistance.
(b) Minimum wages.
(c) More education for the poor.
(d) Private charity.

4. Friedman simply states that to alleviate poverty, we should have a program directed at ______.
(a) Price subsidies.
(b) Regulation of charitable giving.
(c) Helping the poor.
(d) Providing work programs.

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

Short Answer Questions

1. What does FEPC stand for?

2. Where does Friedman live?

3. What is one argument Friedman gives for public housing?

4. What one argument for OASI can be justified for Friedman?

5. Which type of monopoly does Friedman believe is least bad?

Short Essay Questions

1. What does Friedman say about public housing as a form of social welfare?

2. What are two problems with monopolies for the liberal?

3. In Chapter 13, Friedman summarizes his examples. Which do you disagree with?

4. According to Friedman, is there any justification for government intervention when it comes to distributing wealth?

5. What are the three forms of control discussed by Friedman in Chapter 9, Occupational Licensure?

6. What is the progressive income tax?

7. Friedman accepts the reasoning that justifies "governmental action to alleviate poverty" (p. 191). What two issues must be addressed in order for this to happen?

8. What does Friedman believe are the effects of minimum wage laws?

9. What are the three sources of monopoly?

10. What is occupational licensure?

(see the answer keys)

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