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| Name: _________________________ | Period: ___________________ |
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. What did the Federal Reserve System help banks to do?
(a) The Federal Reserve helped banks by making special laws for them.
(b) The Federal Reserve helped banks keep a healthy cash flow.
(c) The Federal Reserve helped banks to stay in operation.
(d) The Federal Reserve helped banks keep individuals, businesses and entire countries perpetually in debt and working mostly for the banks.
2. Many people feel that the economic system has been rigged to favor what group of people?
(a) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the rich by stealing from the poor and middle classes.
(b) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the poor by stealing from the rich and middle classes.
(c) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the middle classes by stealing from the rich and poor classes.
(d) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the rich by stealing from the government revenues.
3. What other organizations were spawned from Milner's secret society?
(a) Other parts of the secret society showed up as the Noble Prize Commission.
(b) Other parts of the secret society showed up as the Council on Foreign Relations and even the Red Cross.
(c) Other parts of the secret society showed up as the World Bank and Red Cross.
(d) Other parts of the secret society showed up as the International Money Fund.
4. What disagreement did Alexander Hamilton and Thomas Jefferson have about a central bank?
(a) Alexander Hamilton favored a central bank and Thomas Jefferson was against it.
(b) Alexander Hamilton favored a powerful central bank and Thomas Jefferson was for limited powers.
(c) Thomas Jefferson favored a central bank and Alexander Hamilton was against it.
(d) Alexander Hamilton wanted a limited central bank and Thomas Jefferson wanted its authority to be more far-reaching.
5. 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.
Short Answer Questions
1. This conspiracy theory about the Federal Reserve pointed the finger at the meeting on Jekyll Island that occurred in 1910.
2. How did governments devalue currency in fiat money systems?
3. Since its inception in 1910, the Federal Reserve had made what decisions about bank bailouts?
4. Conspiracy theorists connected the potential of world socialism to what organization?
5. What country contributed the largest investment in the IMF?
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This section contains 766 words (approx. 3 pages at 300 words per page) |
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