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The History of American Banking

Quiz by David Trees

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3 questions
Show answers
  • Q1
    What is the gold standard?
    a system that actually uses gold coins as the country's currency.
    a system in which a country's money is backed with gold.
    a currency system in which each dollar is woth 1/20 of a pound of gold.
  • Q2
    When was the first Bank of the United States formed by Federalists?
    In the late 18th century
    after the Civil War
    during the american Reveloution
  • Q3
    What is the institution for recieving, keeping and lending money?
    Federal Reserve

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