Capitalism and Freedom Test | Final Test - Easy

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

Capitalism and Freedom Test | Final Test - Easy

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 test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What effect has public housing had on the density of people per dwelling?
(a) Spread it out.
(b) Increased it.
(c) Maintained it.
(d) Reduced it.

2. What is one example of a government supported monopoly?
(a) The postal service.
(b) The auto industry.
(c) The coal industry.
(d) The sugar cane industry.

3. In what decades did intellectuals in the United States consider capitalism to be defective?
(a) 1930s and '40s.
(b) 1900s and '10s.
(c) 1940s and '50s.
(d) 1920s and '30s.

4. What is one disadvantage Friedman describes of programs to alleviate poverty?
(a) Funding.
(b) Authorization.
(c) Administration.
(d) Fraud.

5. According to Friedman, who benefits from licensure?
(a) Licensed practitioners.
(b) Customers.
(c) Aspirants.
(d) Clients.

6. Friedman advocates ______ income of the poor.
(a) Supplanting.
(b) Taxing.
(c) Reducing.
(d) Supplementing.

7. Friedman theorizes compulsory purchase of annuities has imposed ______ costs for ______ gains.
(a) Social, political.
(b) Little, large.
(c) Minimal, moderate.
(d) Large, little.

8. What one argument for OASI can be justified for Friedman?
(a) It helps low-income people more than high-income people.
(b) It serves as a magnification of society's social issues.
(c) It puts youth and the elderly on the same playing field.
(d) It helps high-income people more than low-income people.

9. What is one factor that Friedman believes has reduced inequality?
(a) Educational opportunities.
(b) Advances in technology.
(c) Government intervention.
(d) Civil Rights laws.

10. What problem did Dicey write about in 1914?
(a) Old age pensions.
(b) Veteran's health benefits.
(c) Prenatal and infant care.
(d) Education for all.

11. Friedman claims there is no connection between equal treatment and what?
(a) Equal protection.
(b) Equal rights.
(c) Equal opportunity.
(d) Equal shares of income.

12. What industry does Friedman use to argue against licensure?
(a) Medical.
(b) Teachers.
(c) Economists.
(d) Attorneys.

13. Another threat for Friedman to the preservation and expansion of freedom is:
(a) An internal threat of licensure requirements.
(b) An internal threat of government regulation.
(c) An internal threat of unfair political practices.
(d) An internal threat of labor unions.

14. According to Friedman, what is the goal of government intervention regarding the distribution of income?
(a) Taxation.
(b) Job creation.
(c) Income equality.
(d) Social welfare.

15. What example does Friedman give for one argument for registration?
(a) Firearm registration.
(b) Sex offender registration.
(c) Alcohol registration.
(d) Tobacco registration.

Short Answer Questions

1. What is the major disadvantage Friedman describes of the proposed negative income tax?

2. What industry does Friedman use to explain his views on monopoly in labor?

3. What is the key issue for Friedman with annuities?

4. What does Friedman advocate the abolition of in Chapter 10, The Distribution of Income?

5. What has been more potent for progress than the visible hand for retrogression according to Friedman?

(see the answer keys)

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