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