Print
Word
PDF
|
| Name: _________________________ | Period: ___________________ |
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What is one method that governments have used to alter the distribution of income?
2. Who does Friedman believe is most critical of capitalism?
3. What is the major disadvantage Friedman describes of the proposed negative income tax?
4. What prefix were New Dealers commonly called?
5. Where does Friedman live?
Short Essay Questions
1. What does Friedman believe are the effects of farm price supports?
2. Why is Friedman against fair employment laws?
3. In Chapter 13, Friedman summarizes his examples. Which do you agree with?
4. If people were given cash instead of subsidies like food stamps, how might they would use it to get themselves out of poverty, and how might it be wasted?
5. In Chapter 13, Friedman summarizes his examples. Which do you disagree with?
6. What does Friedman assert that capitalism has done for inequalities?
7. What are the three forms of control discussed by Friedman in Chapter 9, Occupational Licensure?
8. What are the three sources of monopoly?
9. What is occupational licensure?
10. According to Friedman, can a liberal be an egalitarian?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Friedman argues that government mishandling of the money supply produced the Great Depression. Examine Friedman's analysis of the Great Depression and determine if the Federal Reserve System caused the Great Depression.
Essay Topic 2
Friedman uses two reasons to justify government intervention: the neighborhood effect and paternalism. Analyze these reasons and determine whether they are sufficient justifications for government intervention.
Essay Topic 3
Friedman condemns charitable giving by corporations and argues that they have no social responsibility. Determine if this is economically sound and true in today's society. Do you agree with Friedman's position?
|
This section contains 677 words (approx. 3 pages at 300 words per page) |
|
