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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Section III. The New Alchemy, Chapters 11-12 The Rothschild Formula; Sink the Lusitania!.
Multiple Choice Questions
1. The author made what sports analogy to describe the problems with the banking system?
(a) Using a football analogy, the problems with the banking system were presented in a fairly understandable way.
(b) Using a golf analogy, the problems with the banking system were presented in a fairly understandable way.
(c) Using a baseball analogy, the problems with the banking system were presented in a fairly understandable way.
(d) Using a soccer analogy, the problems with the banking system were presented in a fairly understandable way.
2. Why did banks offer debtors more credit?
(a) Banks offered more credit to debtors to help them purchase homes.
(b) Banks offered more credit to debtors to so they could increase their purchasing power.
(c) Banks offered more credit to debtors to increase interest payments to the them.
(d) Banks offered more credit to debtors to help improve their credit rating.
3. Who was the mastermind behind the Federal Reserve?
(a) Paul Moritz Warburg was the mastermind behind the Federal Reserve.
(b) Alexander Hamilton was the mastermind behind the Federal Reserve.
(c) Thomas Jefferson was the mastermind behind the Federal Reserve.
(d) Henry Kissinger was the mastermind behind the Federal Reserve.
4. How did the New World Order develop?
(a) The New World Order was an outgrowth of the international events that led to the defeat of the Axis powers in World War II.
(b) The New World Order was an outgrowth of the international events that led up to the fall of Nazism, specifically the defeat of Nazi Germany.
(c) The New World Order was an outgrowth of the international events that led up to the fall of Communism, specifically the dissolution of the USSR.
(d) The New World Order was an outgrowth of the international events that led up to the Great Depression of 1929.
5. The banking system before the Federal Reserve System allowed banks to lend out what percentage of money against one percent in deposits.
(a) The banking system before the Federal Reserve System allowed banks to lend out more money than they held in deposits, up to twenty percent loaned out with only one percent in deposits.
(b) The banking system before the Federal Reserve System allowed banks to lend out more money than they held in deposits, up to sixty percent loaned out with only one percent in deposits.
(c) The banking system before the Federal Reserve System allowed banks to lend out more money than they held in deposits, up to ninety-nine percent loaned out with only one percent in deposits.
(d) The banking system before the Federal Reserve System allowed banks to lend out more money than they held in deposits, up to fithy percent loaned out with only one percent in deposits.
Short Answer Questions
1. Why was platinum not used to back the monetary system?
2. Prior to the establishment of the Federal Reserves, what caused massive bank failures?
3. What new way of home ownership emerged in the 1980s?
4. During which president's administration were policies that were a hybrid of socialism and capitalism developed?
5. What resulted when paper money was not backed with gold or silver?
This section contains 782 words (approx. 3 pages at 300 words per page) |
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