This quiz consists of 5 multiple choice and 5 short answer questions through Section VI. Time Travel into the Future, Chapters 24-26 Doomsday Mechanisms; A Pessimistic Scenario; A Realistic Scenario.

Multiple Choice Questions

1. Why was the language of the Federal Reserve Act kept intentionally vague?
(a) The language in the bill was made intentionally vague to protect national security.
(b) The language in the bill was made intentionally vague so that the US could remain the world's strongest economy.
(c) The language in the bill was made intentionally vague so that the general public would be kept in the dark about its powers.
(d) The language in the bill was made intentionally vague and open to future interpretations.

2. What was the real cause of the Great Depression of the 1930s?
(a) The Great Depression was caused in part by global instability caused by the threat of world war.
(b) The Great Depression was caused in part by government intervention into state banking systems.
(c) The Great Depression was caused in part by government intervention in wage and price controls and by subsidizing farmers and public works projects.
(d) The Great Depression was caused in part by the lack of US Congressional oversight in the actions of the Federal Reserve.

3. What bank was The Bank of North America modeled after?
(a) The Continental Congress established The Bank of North America in 1781, and it was modeled after the Bank of Germany.
(b) The Continental Congress established The Bank of North America in 1781, and it was modeled after the Bank of England.
(c) The Continental Congress established The Bank of North America in 1781, and it was modeled after the Bank of France.
(d) The Continental Congress established The Bank of North America in 1781, and it was modeled after the Bank of Russia.

4. What occurred after the economic downturn in 1818?
(a) After the economic downturn in 1818, layoffs and bankruptcies followed.
(b) After the economic downturn in 1818, revenues were bolstered by increased taxation.
(c) After the economic downturn in 1818, loans were difficult to obtain.
(d) After the economic downturn in 1818, a period of deflation followed.

5. The Rothschild family held sway over most political leaders with the exception of what historic figure?
(a) The Rothschild family held no political influence over Napoleon.
(b) The Rothschild family held no political influence over Adolph Hitler.
(c) The Rothschild family held no political influence over Kaiser Wilhelm II.
(d) The Rothschild family held no political influence over Vladimir Lenin.