Here are the questions that I have received, feel free if you still haven't emailed them to add your questions to the comments.
1.
What
was the day commonly called when the stock market crashed in October 28th 1929?
2. Both Franklin Roosevelt and John Keynes
believed that the crash on October 28th was caused by
3.
What
was the name of the company that ended the bubble of the twentieth century and
controlled a quarter of the US natural gas business?
4.
What
is one key thing that was mentioned that determines the success of a company?
5.
Which
president closed the so-called gold 'window' in which dollars could be
exchanged for gold?
a.
Donald Trump
b.
JFK
c.
Richard Nixon
d.
Lindon B. Johnson
6. Which family did the book say
"left such an imprint" on the Renaissance?
a.
The Medicis
b.
The Kardashians
c.
The Bardis
d.
The Peruzzi
7. Who wanted to make the Medici
legitimate?
a.
King Edward III
b.
Viere Medici
c.
Giovanni Medici
d.
Obama
8. The game of monopoly was created by a citizen of which nation?
A. England
B. U.S.A.
C. France
D. Germany
9. What was the name of the original
proto-monopoly game?
A. Property Rush
B. Minecraft
C. The Renter’s Game
D. The Landlord’s Game
10. The man who modified the prototype
to make current-day Monopoly was:
A. Charles Darwin
B. Charles Darrow
C. Charles Rutherford
D. Charles Russ
11. Monopoly during the Great Depression
was such a hit because:
A: It taught children frugality
B: It had bright flashy colors that
people would stare at for hours
C: It had lots of fake money
D: Monopoly wasn’t invented until
1946
Answers: B, D, B, C
12. After their deregulation, what were
Savings and Loans allowed to invest in?
a. only
long-term mortgages
b. only
commercial property
c. anything
they wanted
13. Who were subprime mortgages lent
out to?
a. large
corporations
b. the
poor
c. the
middle-class
14. What is securitization?
a. the
conversion of mortgages into bonds
b. the
insurance of mortgages by the Federal government
c. the
practice of only offering mortgages to people who are low credit risks
Chapter 4 Questions:
ReplyDelete1, who were the developers of the logistics of insurance?
A. mathmeticians
2. What is insurance
A. coverage/provision in case of emergency.
3. What is the purpose of insurance?
A. to make sure that people are covered for in the case of a disaster
4. What are two ways of providing coverage for people when they lack their own resources?
A. private/local insurance and welfare
5. What is the main concern expressed in the chapter?
A. What happens when there isn't enough insurance to go around.
BONUS QUESTION:
6. What was the book's solution to insurance going bad?
A. hedging
Umm...something is majorly wrong with the first questions. The history channel states that the Wall Street Stock Market Crash of 1929 happened on October 29 (Black Tuesday)...NOT October 28
ReplyDeleteThen they're is something Marjory wrong with the book so deal with it!
Delete*there... 'cause I can spell XD
DeleteIs the test tomorrow? I don't see it in the syllabus.
ReplyDeleteIs the test tomorrow? I don't see it in the syllabus.
ReplyDeleteYes! It is tomorrow!
DeleteOk, thanks Claire!!
Delete
ReplyDelete1. What were Confederate bonds backed by?
*Cotton*
2. Who was one of the founding members of the London branch of the (then) world’s largest bank?
*Nathan Mayer Rothschild*
3. When could British Consul bonds able to be sold back?
Unless market value was equal to or greater than par value
4. What were the two British Consul coupon rates?
*3% and 5%*
5. Who were the Rothschild’s rivals?
*The Barings*
By the way, the answers to questions 12-14 are: a, b,a
ReplyDelete1. What is Ferguson’s portmanteau of the two largest growing economies in the world?
ReplyDelete2. Who was the Serbian assassin who could be held responsible for World War 1 and 2?
3. Who was the Capo dei Capi of hedge fund management?
4. What was one of the two monetary funds associated with the “economic hit men”
5. True or False: Ferguson claims finance follows a Darwinian path.
Answers:
Chimerica
Gavrilo Princep
George Soros
IMF and the World Bank
True