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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 bank was The Bank of North America modeled after?

2. What place in history does the Rothschild family hold?

3. What did communism become known as in the 1980s?

4. What was the motivation for the Rothschilds to finance wars?

5. The Rothschilds financed the conflict in which what historic leader was defeated by England?

Short Essay Questions

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

2. According to Chapter 24, what decade marked the beginning of a tremendous surge in U.S. debt?

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

4. According to Chapter 13, what was really behind the Russian Bolshevik Revolution?

5. According to Chapter 21, what system was in control of the economy before the Federal Reserve System was established?

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

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

8. According to Chapter 22, when was the Federal Reserve Act passed?

9. What realistic scenario was discussed in Chapter 26 involving the U.S. monetary system?

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

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

When did the U.S. debt begin to increase at a tremendous rate? By what standard was the U.S. debt measured from that time on? What did some people feel was behind the enormous debt that was facing America?

Essay Topic 3

Where was the International Monetary Fund and the World Bank created and what was their stated purpose? What association did they have to the United Nations? What did the author feel was the real goal in establishing the IMF?

(see the answer keys)

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