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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. During which president's administration were policies that were a hybrid of socialism and capitalism developed?
2. What happens when the Federal Reserve System prints new money?
3. When the entire banking system failed, what did the Federal government turn to to bolster the failed back up system?
4. What happened when a debtor defaulted on a loan?
5. What organization ensures the nationalization of banks?
Short Essay Questions
1. According to Chapter 3, the nationalization of banks is more likely to occur under conservative or liberal administrations?
2. In Chapter 2, how did the banks make their money?
3. In Chapter 3, what was the result of the 1970 Penn Central Railroad bailout?
4. According to Chapter 1, what did over-lending by banks result in?
5. According to Chapter 5, what country contributed the largest investment in the IMF?
6. According to Chapter 5, what US president abandoned the gold standard from the US dollar?
7. In Chapter 6, why did all nations, in the author's opinion, become socialistic in the New World Order?
8. According to Chapter 7, what culture was the first to create a currency system based on gold and silver?
9. According to Chapter 4, what caused the Savings & Loan crisis of the 1980s?
10. According to Chapter 7, how did modern monetary systems originate historically?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
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?
Essay Topic 2
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 3
Describe the author's overall theory about the Federal Reserve and how the U.S. economy and the public would be impacted if the Federal Reserve were to be abolished. How would businesses and banks be impacted?
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This section contains 826 words (approx. 3 pages at 300 words per page) |
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