Print
Word
PDF
|
| Name: _________________________ | Period: ___________________ |
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Why was platinum not used to back the monetary system?
2. The banking system before the Federal Reserve System allowed banks to lend out what percentage of money against one percent in deposits.
3. What impact did the Greek currency system have on the economy?
4. Why was there skepticism about the author's analysis?
5. This conspiracy theory about the Federal Reserve pointed the finger at the meeting on Jekyll Island that occurred in 1910.
Short Essay Questions
1. In Chapter 1, how is a "currency drain" defined?
2. In Chapter 3, what is the first bailout that is covered in this book?
3. According to Chapter 3, how did the government help the Lockheed Corporation?
4. In Chapter 1, how is a "public run" defined?
5. According to Chapter 1, what was the main purpose of the Federal Reserve System?
6. In Chapter 4, how was the employment picture beginning to change?
7. According to Chapter 3, what were some of the major organizations helped by government bailouts?
8. According to Chapter 5, what country contributed the largest investment in the IMF?
9. In Chapter 6, why did all nations, in the author's opinion, become socialistic in the New World Order?
10. According to Chapter 5, what resulted from the removal of the gold standard?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
When was the first central bank in the United States established? After what historic event was the bank disbanded? What were the views of Alexander Hamilton and Thomas Jefferson about the concept of a central bank? What type of banks developed as the new country expanded?
Essay Topic 2
Where did the U.S. dollar originate from? What is the root source of the word "dollar?" What currency did the U.S. Congress adopt in 1785? What problems existed with the early gold standard that was used to back the monetary system?
Essay Topic 3
What did risky lending by banks lead to? How did the Federal Reserve support their poor practices? What was the Federal Deposit Insurance Corporation established for? In the author's opinion, what was the underlying reason for the FDIC?
|
This section contains 895 words (approx. 3 pages at 300 words per page) |
|
