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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8, Who Protects the Worker?.

Multiple Choice Questions

1. Which kind of worker has no protection?
(a) workers with no possible employer
(b) employees of a conglomerate
(c) federal employees
(d) states employees

2. A deposit represents:
(a) money stuffed in a mattress
(b) a claim against the bank
(c) a loan to the individual
(d) a liability of the individual

3. Free trade takes place when:
(a) when consumers want a good
(b) when producers want to see a good
(c) all parties feel they can benefit
(d) when one party can benefit

4. Children from wealthy backgrounds have better chances in education and employment. This it not representative of:
(a) equality of outcomes
(b) equality of opportunity
(c) equality before God
(d) equal rights

5. The higher price of pencils results in all but the following:
(a) better worker condiciton for pencil prolduction workers
(b) the firing of more workers to produce pencils
(c) higher wages for pencil production workers
(d) fewer pencils

Short Answer Questions

1. Policies based on fair shares or 'to each according to his needs' have resulted in severe lack of liberties in all but the following:

2. One way of restricting entry to an occupation or profession is through:

3. The airline industry is regulated by:

4. The major welfare program in the United States is:

5. Prices function to transmit information to all but:

(see the answer key)

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