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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. The Bank of North America was disbanded after what event?
2. Why was the language of the Federal Reserve Act kept intentionally vague?
3. Early banks were supported by what monetary system?
4. What action was taken to keep England from sliding into depression?
5. What resulted from the Mandrake Mechanism?
Short Essay Questions
1. According to Chapter 24, what decade marked the beginning of a tremendous surge in U.S. debt?
2. According to Chapter 11, what is the Rothschild Formula?
3. In Chapter 9, what restrictions were placed on the Bank of Amsterdam which was established in 1609?
4. According to Chapter 25, what two social classes does the author predict for the future?
5. According to Chapter 9, what culture first developed the the modern equivalent of the banking industry?
6. According to Chapter 13, what was really behind the Russian Bolshevik Revolution?
7. In Chapter 16, when was the first central bank founded in the US?
8. According to Chapter 12, what event sparked the conflicts that led to World War I?
9. In Chapter 12, what were the sales of English and French war bonds used for?
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
What city-state was the first to establish an actual banking system--a system on which modern banking is based? Discuss the establishment of early European banks. Discuss the seizure of the Bank of Hamburg.
Essay Topic 2
What event is usually blamed for the Great Depression? What were underlying reasons for the Great Depression? Why were Americans drawn to socialism during this crisis? What finally ended the Depression?
Essay Topic 3
Discuss the process of passing legislation to establish the Federal Reserve? What were the obstacles and drawbacks? When was the Federal Reserve Act finally passed? What type of language was used in writing the bill?
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This section contains 780 words (approx. 3 pages at 300 words per page) |
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