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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Modern labor unions trace their roots back:

2. Kenneth B. Clark describes public school system as:

3. The Interstate Commerce Commission was formed to regulate:

4. Friedman believes that the income tax system is:

5. Objections to the school voucher plan include all but the following:

Short Essay Questions

1. What is the purpose of the Environmental Protection Agency?

2. What are the two big issues faced in new drug approval?

3. What is the big advantage of the school voucher programs?

4. What effect do special interest groups have upon government?

5. What does Friedman feel has been more damaging that government spending in terms of government controls?

6. In what ways is the American Medical Association a labor union?

7. What is the cause of inflation?

8. What can function as money?

9. As America was settled, what was one of the first things communities established?

10. What is the purpose given for regulation of industry?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

The New Deal refers to a group of programs enacted by the Roosevelt Administration to deal with the Great Depression. How did they represent a break with past policies? What precedent did they set in the way of spending? What has happened to government spending since then?

Essay Topic 2

Explain the functions of a labor union. In what ways to labor unions cause higher wages? Who benefits from labor unions and why?

Essay Topic 3

What is the significance of free international trade? Why is free trade said to be best? How do nations benefit from free trade? What is the Principle of Comparative Advantage?

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This section contains 569 words (approx. 2 pages at 300 words per page) View a FREE sample