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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What occurred after the economic downturn in 1818?

2. What resulted from the Mandrake Mechanism?

3. What was the real cause of the Great Depression of the 1930s?

4. How did England and France, at least in part, finance their wars?

5. What was the name of the central bank established in 1791?

Short Essay Questions

1. According to Chapter 25, what two social classes does the author predict for the future?

2. In Chapter 16, when was the first central bank founded in the US?

3. According to Chapter 18, what impact did stable banking practices have?

4. According to Chapter 10, what is the basic structure of the US monetary system?

5. According to Chapter 20, what was the economic outlook in the U.S. following the Civil War?

6. According to Chapter 19, what were the causes of the Civil War?

7. In Chapter 10, what resulted from the Mandrake Mechanism?

8. In Chapter 9, what restrictions were placed on the Bank of Amsterdam which was established in 1609?

9. According to Chapter 15, why was the use of fiat money disallowed in the United States?

10. According to Chapter 11, what is the Rothschild Formula?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Discuss the historic reasons for the Civil War. According to the author, what were some of the real reasons behind the war? What role did foreign interests play in the war?

Essay Topic 2

Describe the sinking of the Lusitania. Who conspired to lure German U-Boats to sink it? What impact did the attack on the ship have? How many people died in the attack?

Essay Topic 3

Who did President Andrew Jackson spar with over The Second Bank? What was the outcome of that disagreement? What occurred after the Second Bank of the United States folded?

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