View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Section IV. A Tale of Three Banks, Chapters 16-19 The Creature Comes to America; A Den of Vipers; Loaves and Fishes, and Civil War; Greenbacks and Other Crimes.

Multiple Choice Questions

1. What caused the collapse of the Bank of Hamburg in 1813?
(a) Formed in the early 1600s, the Bank of Hamburg stayed solvent until the stock market crash of 1929.
(b) Formed in the early 1600s, the Bank of Hamburg stayed solvent until the Nazi Party rose to power.
(c) Formed in the early 1600s, the Bank of Hamburg stayed solvent until World War I.
(d) Formed in the early 1600s, the Bank of Hamburg stayed solvent until Napoleon captured it in 1813.

2. What generalization did the author make about conspiracy theorists?
(a) There were two kinds of people in the world--those who believed in conspiracy and those who did not.
(b) Those who believe in conspiracy theories usually are better educated than the average person.
(c) Conspiracy theorists are generally more intelligent than the general population.
(d) Those who believe in conspiracy theories are usually more well-informed than most people.

3. What restricted the the states from using fiat money?
(a) The International Monetary Fund specifically restricted the use of fiat money by the states.
(b) The US Congress specifically restricted the use of fiat money by the states.
(c) The Constitution specifically restricted the use of fiat money by the states.
(d) The Federal Reserve specifically restricted the use of fiat money by the states.

4. The Bank of North America was disbanded after what event?
(a) At the end of the Revolutionary War, The Bank of North America was disbanded.
(b) At the end of the Civil War, The Bank of North America was disbanded.
(c) At the end of the Spanish American War, The Bank of North America was disbanded.
(d) At the end of World War I, The Bank of North America was disbanded.

5. What is the fundamental basis of capitalism?
(a) The main idea behind capitalism was making money and hoarding cash.
(b) The main idea behind capitalism was making investments in foreign interests.
(c) The main idea behind capitalism was investment and return on investment.
(d) The main idea behind capitalism was providing welfare to the less fortunate.

Short Answer Questions

1. What country was formed after the second Russian revolution?

2. What does the FDIC stand for?

3. What impacted housing prices in the Midwest states?

4. What caused the economy to get into such a state that the government was compelled to bail out banks?

5. What historic reference is contained in this chapter?

(see the answer key)

This section contains 625 words (approx. 3 pages at 300 words per page) View a FREE sample