Ascent of Money. Ascent of Money. Grade Sheet – Ascent of Money – Fall 2016 – 10points – 1 point per question
How did the quest for money encourage conquest and colonization?
Metals
Mining Labor
What gives “money” its value?
Metal
Faith / Trust
Policies of Federal Government
How important is credit to world economic development? Explain.
Trade
Leverage assets (land, natural resources, etc.)
How old is the financial bubble? Describe the situation that led to the first financial bubble.
When?
Replication of Company / Central Bank idea in France.
France issued currency.
Louisiana Territory
Describe how Britain’s war against Napoleon was driven by bonds. Provide a modern example.
Debt and War
Rothschilds
20th Century example or 21st century example
Describe how the Great Depression happened.
Margin trading
Stock Market Crash
Government policies
List the steps that lead to the Savings and Loan crisis.
Deregulation
Innovations
List the steps that lead to our current banking crisis.
Deregulation
Inexpensive loans
Innovations
How are the Great Depression, Savings and Loan crisis and current banking crisis related?
Similarities
Describe another topic brought up in this series that you found interesting. Why?
p(3)
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