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This quiz consists of 5 multiple choice and 5 short answer questions through Part 2 Chapter 19 Crack-up.

Multiple Choice Questions

1. The election of President Taft leads to what action in the financial world?
(a) Increased monopolies.
(b) Increased regulation of securities trading.
(c) Increased trust busting.
(d) Increased regulation of banking.

2. Which Morgan partner is serving as banker to Japan?
(a) Pierpont Morgan.
(b) Jack Morgan.
(c) Tom Lamont.
(d) John Keynes.

3. Who opposes Mussolini in the press?
(a) Jimmy Jones.
(b) Arthur Pearson.
(c) Walter Lippmann.
(d) Charles Dere.

4. What Morgan partner has a long business relationship with Mussolini?
(a) Jack.
(b) Heller.
(c) Grenfell.
(d) Lamont.

5. When does the official division of the House of Morgan occur?
(a) September 1, 1934.
(b) September 5, 1935.
(c) September 30, 1934.
(d) October 19, 1929.

Short Answer Questions

1. Among the four Morgan partnerships, what is the only common denominator?

2. Why does Jack Morgan begin to sell pieces of his collection?

3. What does Morgan help Pope Pius Xi to do?

4. In what year is there a Wall Street panic partially caused by the failure of the Northern Pacific Railroad bonds?

5. By the winter of 1930 how many banks were failing per month?

(see the answer key)

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