History Q chap 12

History Q chap 12 - 1 Given your prior knowledge or studies...

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Chapter Review Questions: Purpose: History classes can be overwhelming, so many dates, places, names, etc. The purpose of the questions below is to get you to focus on major ideas or themes in each chapter. The questions are designed to get you to “flesh out” these ideas. Yes or no answers are not expected nor wanted . Students should also look to see if an “Economic Reasoning Principle” applies and note it. o These questions, and their answers will form the basis for much of your grade. o You will find answers to quizzes as well as midterm essay questions built around these weekly chapter questions. o If you do not prepare these questions in advance of class you will lose points for participation . Moreover, you will not be well prepared for the midterms. Questions Chapter 12
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Unformatted text preview: 1. Given your prior knowledge or studies, what about this chapter most surprised you? What ideas, if any, do you have most trouble accepting? Why? 2. Which, if any, of the economic principles discussed in the first week did you see at play in this chapter? 3. Give an historical definition of money. • What was the bimetallic standard? Do you have questions? • Who was Nicholas Biddle? What is his role in our banking history? • Was the demise of the Second Bank the cause of the 1839-depression? 4. Describe the two federa l bank experiments. 5. What sorts of experiments did the states engage in with respect to money and banking? 6. What were some of the economic consequences of the Gold Rush? • How did the Crisis of 1857 embolden the South?...
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This note was uploaded on 03/18/2010 for the course ECON 230 taught by Professor Roscelli during the Fall '10 term at Canada College.

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