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6. Modern socialism has been popularized largely through the work of _____.

A. Adam Smith
B. Karl Marx
C. David Hume
D. Thomas Hobbes

7. Which of the following statements about individualism is NOT true?


A. Individualism promotes private entrepreneurship.
B. Individualism promotes free market economics.
C. Individualism creates an anti-business environment.
D. Individualism advocates for a democratic political system.

8. Which global institution has focused on making low-interest loans to governments in poor nations that want to make significant
infrastructure investments such as building a road or a bridge?
A. International Monetary Fund
B. Peace Corps
C. World Trade Organization
D. World Bank

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