The House of Morgan Test | Mid-Book Test - Medium

Ron Chernow
This set of Lesson Plans consists of approximately 115 pages of tests, essay questions, lessons, and other teaching materials.

The House of Morgan Test | Mid-Book Test - Medium

Ron Chernow
This set of Lesson Plans consists of approximately 115 pages of tests, essay questions, lessons, and other teaching materials.
Buy The House of Morgan Lesson Plans
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Pierpont arranges the financing for the purchase of what from France?
(a) Art.
(b) Gold.
(c) The Panama Canal.
(d) Bonds.

2. The Glass Steagall Act resulted in the separation of commercial banking from what?
(a) Selling stocks.
(b) The stock exchange.
(c) Offering loans.
(d) Investment banking.

3. Why does Jack Morgan begin to sell pieces of his collection?
(a) To go on a cruise.
(b) To put his estate in order.
(c) To continue his life style.
(d) To give the House of Morgan some cash.

4. Whom does Charles Lindbergh marry?
(a) Anne Morrow.
(b) Betty Morrow.
(c) Susan Darrow.
(d) Anne Lamont.

5. Baring Brothers and Junius Morgan were principal holders of what type of securities, which were popular in London in 1890?
(a) Argentinean securities.
(b) German securities.
(c) Railroad securities.
(d) Banking securities.

Short Answer Questions

1. Where is Pierpont when the stock market panic of October 1907 begins?

2. The Morgans were instrumental in helping Sosthenes Behn build what?

3. Who is the wealthiest of the Morgan partners?

4. Where do the Wall Street firms meet on July 31, 1914, when the European markets close?

5. When does the official division of the House of Morgan occur?

Short Essay Questions

1. By the year 1900, Morgan has come to control most of what transportation industry and why?

2. How does the Morgan firm restructure as a result of the Glass Steagall Act?

3. Whom does Jack begin to groom for roles in the House of Morgan?

4. What are holding companies and are the Morgans involved?

5. What are the immediate results of the stock market panic in October 1907 and what is Morgan's role?

6. What does the US credibility in London and European markets depend on?

7. What causes a feud between the two Morgan partners, Morrow and Lamont?

8. What major merger occurrs as a result of the big dive in the stock and commodity markets in October 1939?

9. What is the Glass Steagall Act?

10. When World War I begins, what are the positions of the US government and the House of Morgan?

(see the answer keys)

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