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This quiz consists of 5 multiple choice and 5 short answer questions through Part 3 Chapter 31 Tombstones.

Multiple Choice Questions

1. Where is Pierpont when the stock market panic of October 1907 begins?
(a) At his office.
(b) At the New York stock exchange.
(c) At a religious covention.
(d) At the Pujo hearings.

2. The election of President Taft leads to what action in the financial world?
(a) Increased regulation of banking.
(b) Increased regulation of securities trading.
(c) Increased monopolies.
(d) Increased trust busting.

3. What do Wall Street banks use as a form of finance during this period?
(a) Bonds.
(b) Securities.
(c) Compensating balances.
(d) Foreign currency.

4. President Hoover believes that there was a Wall Street conspiracy against him that is engaging in what?
(a) Long selling.
(b) Selling secrets.
(c) Selling loans.
(d) Short selling.

5. When are the Pujo hearings?
(a) 1907.
(b) 1914.
(c) 1910.
(d) 1912.

Short Answer Questions

1. What causes the recession in 1973-1974?

2. In the 1924 presidential election what candidate does the House of Morgan have ties with?

3. When does Hitler become chancellor in Germany?

4. When does Morrow die?

5. When is the Richard Whitney and Company suspended from the stock exchange?

(see the answer key)

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