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This quiz consists of 5 multiple choice and 5 short answer questions through Part 3 Chapter 26 Mavericks.

Multiple Choice Questions

1. Who decides to open an investment house called Morgan Stanley?
(a) Morgan Stanley.
(b) Stanley Morgan.
(c) Morgan partners.
(d) J.P. Morgan.

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

3. Who was Ferdinand Pecora?
(a) A friend of President Hoover's.
(b) A Morgan partner.
(c) A lawyer who headed up an investigation of Wall Street.
(d) A senator.

4. When does England go off the gold standard?
(a) 1935.
(b) 1931.
(c) 1933.
(d) 1929.

5. Who is the wealthiest of the Morgan partners?
(a) Brandeis.
(b) Mellon.
(c) Heller.
(d) Lamont.

Short Answer Questions

1. When does Morrow die?

2. When is the Clayton Antitrust Act enacted?

3. What company is the forerunner of what eventually becomes J.P. Morgan and Company?

4. Who puts England back on the gold standard?

5. Why does Jack Morgan begin to sell pieces of his collection?

(see the answer key)

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