Capitalism and Freedom Test | Final Test - Hard

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 - Hard

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

Short Answer Questions

1. What is the major reason Friedman asserts why government intervention has had the opposite of the intended effects?

2. Friedman suggests that employees may prefer to have part of their remuneration take the form of amenities such as what?

3. Which of the following is not an example of social welfare?

4. Friedman believes that the goddess of chance is ______.

5. Which type of monopoly does Friedman believe is least bad?

Short Essay Questions

1. If people were given cash instead of subsidies like food stamps, how might they would use it to get themselves out of poverty, and how might it be wasted?

2. Do you think doctors should be required to obtain a license?

3. According to Friedman, can a liberal be an egalitarian?

4. Where do you stand: are you on the liberal free market side or more on the government intervention side? Why?

5. What is the problem for Friedman with fair employment commission legislation?

6. Do you agree or disagree with Friedman's flat tax proposal?

7. In Chapter 13, Friedman summarizes his examples. Which do you agree with?

8. Why is Friedman against fair employment laws?

9. What recommendations would Friedman give to a president about an economic downturn?

10. According to Friedman, is there any justification for government intervention when it comes to distributing wealth?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Chapter 7 is arguably Friedman's most controversial chapter because of his views of government intervention in discrimination. Friedman, the free market capitalist, believes that government should not have laws based on race and people should be free to shop, purchase, and hire wherever they choose. Analyze Friedman's argument and examine the historical examples he gives to support his opinion.

Essay Topic 2

Milton Friedman (1912--2006) was a Nobel Laureate economist, who not only made important theoretical contributions but also was deeply influential across the world in policy. He was a prominent figure in the conservative and libertarian movements of the late 20th century and promoted classical liberal ideas in his many popular works, including not only books but also videos, lectures, and magazine columns. Friedman published "Capitalism and Freedom" in 1962 and the book has sold half a million copies since. Write an informational essay on Friedman including his early life, academics, Nobel Prize, famous ideas, published works, and lasting impacts.

Essay Topic 3

Friedman discusses the role of government in education. He says that the government can require education because a democratic society cannot exist without a literate and informed population. Focusing on compulsory education, analyze the role of government in education.

(see the answer keys)

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