Capitalism and Freedom Quiz | Eight Week Quiz E

This set of Lesson Plans consists of approximately 110 pages of tests, essay questions, lessons, and other teaching materials.

Capitalism and Freedom Quiz | Eight Week Quiz E

This set of Lesson Plans consists of approximately 110 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Capitalism and Freedom Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9, Occupational Licensure.

Multiple Choice Questions

1. According to Friedman, the market enables wide diversity, meaning power can be located in ______.
(a) The hands of a few.
(b) Small pockets of individual actors.
(c) Large pockets with limited interests.
(d) The hands of many.

2. Who does Friedman state rejects the view that the government is the patron or master of the citizenry?
(a) The educated man.
(b) The poor man.
(c) The rich man.
(d) The free man.

3. If forced to choose between segregation or integration, which would Friedman choose?
(a) A combination.
(b) Integration.
(c) Segregation.
(d) Neither.

4. Friedman suggests that employees may prefer to have part of their remuneration take the form of amenities such as what?
(a) Housing allowance.
(b) Parking spaces.
(c) Baseball fields.
(d) Libraries.

5. How many problems with monopolies does Friedman describe?
(a) Four.
(b) One.
(c) Three.
(d) Two.

Short Answer Questions

1. Past and current definitions of liberalism are the same with respect to ______.

2. What is the term for laws that forbid membership in a union a requirement for employment?

3. Friedman uses the example of selling ______ to demonstrate a true global economy.

4. What industry sector is most prevalent in monopoly?

5. What does the Texas Railroad Commission enforce?

(see the answer key)

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