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Use the following Information to answer question 10. Some Economic Values: The government should not interfere in the operation of the economy. The prices of
Use the following Information to answer question 10. Some Economic Values: The government should not interfere in the operation of the economy. The prices of goods and services should be set by the forces of supply and demand. Individual self-reliance should be a highly valued trait 10. Which of the following beliefs is most consistent with the Ideological values listed in the above source? A. Workers should be required to form trade unions. B. Non-renewable resource industries should be publicly owned. C. Individuals should have freedom to earn an income as they see fit. D. High taxes should be placed on those earning the greatest income. 11. Economically, a person moving from a collectivist to an individualist society would most likely lose a degree of: A. public ownership B. equality C. freedom D. co-operation Use the following information to answer question 12. By all means, the government should encourage people to freely pursue their personal interests and goals. However, the only way such a system can work is if the people do not use freedom in such selfish ways that some end up suffering due to others' greed. 12. The author of this source is arguing that individual freedom is a good thing only as long as A. governments tell people what to do with their freedom. B. some people are not allowed as much freedom as others. C. governments are restrictive because they take away people's freedom. D. every person shows responsibility and concern for the needs of others. Use the following information to answer question 13. "It is not from the benevolence (the good deeds) of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest." - Adam Smith, The Wealth of Nations, 1776 13. The above statement is based mostly on which of the following economic values of individualism? A. People's economic decisions should reflect the goals of society. B. Government Involvement In the economy should be extensive. C. People function best economically when they are Independent. D. People should be directed In serving the functions of society.Use the following Information to answer question 14. Possible Issue that might arise between collectivists and Individuals regarding the common good: Should governments limit Individual freedoms during times of crises? 14. With regard to the above issue, which of the following represents how the common good would be best served according to a collectivist? A. Laws should be made to protect individual rights and freedoms. B. People should have the freedom to compete freely with each other in the market. C. All Individuals should give up their personal freedoms for the good of society. D. Basic necessities should be sold to all people at the same low price. Use the following information to answer question 15. ? the decisions made regarding ssues in society and influence ... beliefs about the goals of society and the individual determine ... 15. Which of the following statements best completes the above diagram? A. The direction society takes... B. The direction ideology takes... C. The individual takes precedence over the group... Use the following information to answer question 16. 3 SOCIETY INDIVIDUALS SOCIETY INDIVIDUALS INDIVIDUALS| SOCIETY 16. Which of the following best completes the titles in the above diagram? A. 1 Pluralism, 2 Individualism, 3 Collectivism B. 1 Collectivism, 2 Pluralism, 3 Individualism C. Collective Interest, 2 Self-Interest, 3 Common Good D. 1 Common Good, 2 Self-Interest, 3 Collective Interest
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