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Name: _________________________ | Period: ___________________ |
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. Which of the following is considered a form of government assistance to construction workers?
3. Modern labor unions trace their roots back:
4. The trucking industry was brought under ICC jurisdiction in:
5. Friedman favors:
Short Essay Questions
1. What does inflation mean for governments or people who are in debit?
2. What is the cause of inflation?
3. What is the scope of the Consumer Products Safety Commission?
4. Who benefits the most from a school voucher program?
5. Who led the effort for public education?
6. Explain how limiting the number of workers results in higher wages.
7. What is the purpose given for regulation of industry?
8. After the Depression and the centralization of government, education and schooling also became centralized. What are the effects of this centralization?
9. What effect do special interest groups have upon government?
10. According to Friedman, what policy would promote economic stability?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
What is the price system? What are its important functions? Explains Adam Smiths invisible hand concept and how it works?
Essay Topic 2
Explain the purpose of regulation? Does it serve that purpose? What have been the economics effects of regulation? Have they been good or bad?
Essay Topic 3
Evaluate the school voucher program. Do you think it is a good idea? Who benefits the most from the program and why?
This section contains 531 words (approx. 2 pages at 300 words per page) |
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