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The Road to Serfdom by Friedrich von Hayek
Contributed by: Barry
  • 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) 1950
B) 1938
C) 1948
D) 1944
  • 3. Which political ideology does Hayek primarily criticize?
A) Conservatism
B) Anarchism
C) Socialism
D) Libertarianism
  • 4. What term does Hayek use to describe the economic system based on voluntary cooperation?
A) Organized economy
B) Centralized control
C) Spontaneous order
D) Planned economy
  • 5. What kind of society does Hayek believe is most conducive to freedom?
A) A theocratic society
B) An authoritarian society
C) A tribal society
D) A society based on the rule of law
  • 6. What does Hayek argue about the knowledge required for planning?
A) It is dispersed among individuals
B) It is concentrated in governments
C) It is easily obtainable
D) It can be centralized
  • 7. Hayek emphasizes the importance of which principle in society?
A) Might makes right
B) Popular sovereignty
C) Divine right
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) Increased wealth
D) Job creation
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