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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6, What's Wrong with Our Schools?.

Multiple Choice Questions

1. After World War II there was a lot of interest in:
(a) the price system
(b) imperialism
(c) central economic planning
(d) laissez-faire capitalism

2. The economist that changed the way of economic thinking regarding depressions was:
(a) John Maynard Keynes
(b) Milton Friedman
(c) Adam Smith
(d) David Ricardo

3. An economic contraction means all but the following:
(a) increased output
(b) unemployment
(c) decreased output
(d) lower levels of income

4. The Employment Act of 1946 dictated government's responsibility for all but the following:
(a) production
(b) taxes
(c) purchasing power
(d) employment

5. Enforced equality is a part of life in:
(a) communes
(b) schools
(c) apartment buildings
(d) government

Short Answer Questions

1. The country whose post-World War II domestic policy was aimed at promoting equality of outcomes is:

2. Black Thursday, October 24, 1929, refers to the:

3. The Federal Deposit Insurance Corporation:

4. Equality before the law refers to all but:

5. What words did Thomas Jefferson write?

(see the answer key)

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