Question
Question 1
10 / 10 pts
(TCO 7) The statement, “That government is best, which governs least” best characterizes which ideology?
Liberalism
Libertarianism
Communism
Conservatism
Nihilism
Question 2
10 / 10 pts
(TCO 7) Which of the following would favor a public assistance program, cuts in military spending, more regulation of business and industry, and a progressive tax system?
Capitalists
Liberals
Libertarians
Marxists
Conservatives
Question 3
10 / 10 pts
(TCO 7) What do conservatives argue about the middle class in America?
That it is disappearing
That it remains large and essential to the U.S. economy
That government needs to enact new legislation to protect and assist the middle class
That the tax burden falls disproportionately on the middle class
That the middle class’s share of the nation’s prosperity has fallen since the 1970s
Question 4
10 / 10 pts
(TCO 7) Who was the main architect behind the restoration of classical liberalism in economics during the twentieth century?
Friedrich Hayek
Milton Friedman
Adam Smith
Helmut Kohl
Ronald Reagan
Question 5
10 / 10 pts
(TCO 7) During many times in the United States’ history, _________ are decreased while entitlement programs are cut.
Individual taxes for the middle class
You Answered
Individual taxes for poor people
Taxes on good from overseas
Corporate taxes
Small business taxes
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