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The Road to Serfdom by Friedrich von Hayek
  • 1. Who is the author of 'The Road to Serfdom'?
A) Friedrich von Hayek
B) Karl Marx
C) John Maynard Keynes
D) Milton Friedman
  • 2. In which year was 'The Road to Serfdom' first published?
A) 1938
B) 1950
C) 1948
D) 1944
  • 3. Which political ideology does Hayek primarily criticize?
A) Libertarianism
B) Conservatism
C) Anarchism
D) Socialism
  • 4. What term does Hayek use to describe the economic system based on voluntary cooperation?
A) Spontaneous order
B) Organized economy
C) Centralized control
D) Planned economy
  • 5. What kind of society does Hayek believe is most conducive to freedom?
A) A theocratic society
B) A society based on the rule of law
C) A tribal society
D) An authoritarian society
  • 6. What does Hayek argue about the knowledge required for planning?
A) It is concentrated in governments
B) It is dispersed among individuals
C) It can be centralized
D) It is easily obtainable
  • 7. Hayek emphasizes the importance of which principle in society?
A) Divine right
B) Might makes right
C) Popular sovereignty
D) Rule of law
  • 8. According to Hayek, what is an inevitable result of economic planning?
A) Enhanced social services
B) Loss of freedom
C) Job creation
D) Increased wealth
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