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The Road to Serfdom by Friedrich von Hayek
  • 1. Who is the author of 'The Road to Serfdom'?
A) Karl Marx
B) Friedrich von Hayek
C) Milton Friedman
D) John Maynard Keynes
  • 2. In which year was 'The Road to Serfdom' first published?
A) 1938
B) 1944
C) 1948
D) 1950
  • 3. Which political ideology does Hayek primarily criticize?
A) Anarchism
B) Conservatism
C) Libertarianism
D) Socialism
  • 4. Hayek emphasizes the importance of which principle in society?
A) Might makes right
B) Popular sovereignty
C) Rule of law
D) Divine right
  • 5. According to Hayek, what is an inevitable result of economic planning?
A) Increased wealth
B) Enhanced social services
C) Loss of freedom
D) Job creation
  • 6. 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
  • 7. 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
  • 8. What kind of society does Hayek believe is most conducive to freedom?
A) A society based on the rule of law
B) An authoritarian society
C) A tribal society
D) A theocratic society
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