View a FREE sample

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

Short Answer Questions

1. At the time the book was written, how many workers belonged to unions?

2. Inflation results when:

3. In Great Britain, the post World War II trend has been toward:

4. Horace Mann is known as all but the following:

5. The ideas of human freedom and economic freedom are best exemplified in:

Short Essay Questions

1. Who benefits the most from a school voucher program?

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

3. According to Friedman, what policy would promote economic stability?

4. Explain how limiting the number of workers results in higher wages.

5. After the Depression and the centralization of government, education and schooling also became centralized. What are the effects of this centralization?

6. In recent years, in what sector have unions experienced growth?

7. What can function as money?

8. What is the cause of inflation?

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

10. What is the purpose of a labor union?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Why does an economy need money? What items have functioned as money over the course of history? What characteristics does an item need to function as money?

Essay Topic 2

Friedman believes that government spending is less damaging than other forms of government controls. What are these other forms of government controls and why are they damaging? Do you agree with Friedman?

Essay Topic 3

How do government interference and controls affect all of us? We pay for various government programs through taxes. Is this fair? Do you feel that we are getting what we pay for? Why or why not?

(see the answer keys)

This section contains 584 words (approx. 2 pages at 300 words per page) View a FREE sample