HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY ?

1 . In what year did President Franklin D . Roosevelt order the nation ’ s 21,000 banks to take a four day “ holiday ” in order to halt the stampede of withdrawals that threatened to bankrupt the entire banking system ?

2 . What academic discipline is sometimes negatively referred to as “ the dismal science ?”

3 . What city was particularly hard-hit by the Great Depression because it was a “ one-industry town ?”

4 . Which US President was vocal about his negative views of the commodities markets due to his father ’ s failed speculations ?

5 . What value investor and student of Benjamin Graham set up the Sequoia Fund with a partner in 1970 ?

6 . What act , signed into law by President Herbert Hoover , contained a famous provision known as the “ married persons clause ?”

7 . What “ robber baron ” undertook a series of brutal fights to seize control of several railroads and allied businesses from 1868 through 1892 ?

8 . What was the name for silver money made in the form of ingots and formerly used in China ?

9 . What is the modern name for the for-profit banks that aim to build a more inclusive and sustainable economy ?

10 . What are the three types of finance ?

1 . 1933 2 . Economics 3 . Detroit 4 . Harry S . Truman 5 . Bill Ruane 6 . The Economy Act of 1932 7 . Jay Gould 8 . Sycee 9 . B corp banks 10 . Personal , public and business finance www . MoAF . org | Winter 2023 | FINANCIAL HISTORY 41