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