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