HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY ?

1 . Who first put forth in Congress a plan for coinage and a mint in 1782 ?

2 . What were the two first “ modern ” join-stock companies in the world , founded at the turn of the 17th century ?

3 . Who determined that the national unit of account in the United States would be called the “ dollar ”?

4 . What English economist ’ s book , The General Theory of Employment , Interest and Money , served as the user manual for most central banks until the late 20th century ?

5 . What $ 2.25 billion bond default became the largest municipal bankruptcy in 1983 ?

6 . Who served as US Secretary of the Treasury for most of the Civil War ?

7 . In what year did the present US income tax system begin ?

8 . What group of people were stereotypically blamed for black- and gray-market trading during the Civil War and were subsequently banned from General Ulysses S . Grant ’ s military department ?

9 . What friend of Adam Smith , who also played a key role in the creation of modern economics , was an outspoken opponent of organized religion ?

10 . What was the world ’ s oldest shareholding company , dating back to 1369 ?

1 . Financier Robert Morris 2 . The British East India Company ( EIC ) and the Dutch East India Company ( VOC ) 3 . Alexander Hamilton 4 . John Maynard Keynes 5 . Washington Public Power Supply System ( pronounced Whoops ) 6 . Salmon P . Chase 7 . 1913 8 . Jews 9 . David Hume 10 . Société des Moulins de Bazacle www . MoAF . org | Spring 2022 | FINANCIAL HISTORY 37