Financial Time Line

Question 1

Industrial Revolution - Transition from agriculture to manufacturing.

Answer 1

1900

Question 2

Immigration

Answer 2

1900

Question 3

Economic Expansion

Answer 3

1900

Question 4

Isolationist Attitude

Answer 4

1900

Question 5

Was the beginning of Big Government

Answer 5

1913

Question 6

FED - Monetary Policy Established

Answer 6

1913

Question 7

IRS - Agent of Fiscal Policy Established

Answer 7

1913

Question 8

July 1914 to November 1918

Answer 8

WWI

Question 9

Lusitania sunk by German Submarine and 128 Americans died. It was a British passenger ship.

Answer 9

May 1915

Question 10

7 U.S. Merchant Ships targeted.

Answer 10

1917

Question 11

U.S. Involvement in WWI

Answer 11

April 1917 to November 1918

Question 12

Economic Growth, Full Employment, Disposable Income, and Personal Investment Increased when?

Answer 12

Roaring 20’s

Question 13

Roaring 20’s were what dates?

Answer 13

1920-1929

Question 14

Stock Market Crash

Answer 14

1929

Question 15

What caused the stock market crash?

Answer 15

Brokers, Banks, and insurance companies using improper Margin Sales Techniques.

Question 16

Years when there was nationwide bank runs and bank failures.

Answer 16

1930-1932

Question 17

Hoover vs. Roosevelt

Answer 17

1932

Question 18

Roosevelt inaugurated when?

Answer 18

1933

Question 19

Roosevelt was in office from when to when?

Answer 19

March 1933 to his death in April 1945

Question 20

Congress imposed the Glass-Steagall Act when?

Answer 20

1933

Question 21

An act that put numerous restrictions on banks.

Answer 21

Glass-Steagall Act

Question 22

An act that forced the break up of bank holding companies.

Answer 22

Glass-Steagall Act

Question 23

J.P. Morgan sold its investment banking firm to Stanley Investment Bank who re-named it what?

Answer 23

Morgan-Stanley

Question 24

What bank divested itself of its non-commercial bank activities?

Answer 24

City Bank, NY

Question 25

Emergency Banking Act (The Bank Holiday)

Answer 25

1933

Question 26

What act caused all Banks to be closed for 4.5 days.

Answer 26

Emergency Banking Act

Question 27

What act established Regulations for Margin Sales?

Answer 27

Securities Act of 1933

Question 28

What act required formal registration of stock sales through SEC?

Answer 28

Securities Act of 1933

Question 29

FDIC was established when?

Answer 29

1933

Question 30

Securities Exchange Act established?

Answer 30

1934

Question 31

What act dealt with inside trading and strengthened the SEC?

Answer 31

Securities Exchange Act of 1934

Question 32

Social Security Act established when?

Answer 32

1935

Question 33

FDR Era

Answer 33

1933-1945

Question 34

Roosevelt's presidency was known as? (2 Things)

Answer 34

"Hand of Government Era" and "New Deal"

Question 35

English Economist and Economic adviser to Roosevelt.

Answer 35

John Maynard Keynes

Question 36

Roosevelts "make work" stimulus projects, list 4.

Answer 36

1. Tennessee Valley Authority 2. Civilian Conservation Corp. 3. Works Progress Administration 4. Infastructure Projects

Question 37

Built over 385 hydroelectric dams and power stations and put tens of thousands of people to work.

Answer 37

TVA - Tennessee Valley Authority

Question 38

Unemployed young men (18-26) were put to work in forestry, National Parks, State Parks, and Recreation areas.

Answer 38

CCC - Civilian Conservation Corp.

Question 39

Put artistic people to work.

Answer 39

WPA - Works Progress Administration

Question 40

Hoover Dam, Golden Gate Bridge, Seaports, Docks, Warehouses, Airports Built.

Answer 40

Infrastructure Projects

Question 41

When does Franklin Roosevelt die?

Answer 41

April 1945

Question 42

When does WWII end?

Answer 42

1945

Question 43

Year in which U.S. is the richest, most powerful nation in the world?

Answer 43

1945

Question 44

Year when women were working in the wartime work force?

Answer 44

1945

Question 45

Year in which 12 Million troops come home resulting in unemployment.

Answer 45

1945

Question 46

Employment Act established when?

Answer 46

1946

Question 47

What year was the Council of Economic Advisers established?

Answer 47

1946

Question 48

When was the Marshall Plan established?

Answer 48

1947

Question 49

The greatest act of generosity and its objective was to re-build war destroyed Europe.

Answer 49

Marshall Plan

Question 50

Who established the Marshall Plan?

Answer 50

George Marshall - Secretary of State General

Question 51

When did the Korean War start?

Answer 51

1950

Question 52

When did the interstate Highway System begin?

Answer 52

1955

Question 53

Who established the Highway system?

Answer 53

President Eisenhowser

Question 54

Who takes over for President Roosevelt when he dies?

Answer 54

Harry Truman

Question 55

When were Merrill Lynch Money Market Funds created?

Answer 55

1974

Question 56

Depository Institution Deregulation & Monetary Control Act from when to when?

Answer 56

1975-1985

Question 57

President Carter Community Reinvestment Act established?

Answer 57

1977

Question 58

President Clinton expansion of the Community Reinvestment Act - CRA

Answer 58

1995

Question 59

Graham-Leach-Bliley Act

Answer 59

1999

Question 60

Community Reinvestment Act - CRA

Answer 60

Encouraged secondary mortgage lenders to buy more mortgages.

Question 61

What act repealed the Glass-Steagall Act?

Answer 61

Graham-Leach-Bliley Act

Question 62

Removed financial holding company regulations and allowed banks to expand as financial holding companies in order to compete with foreign banks.

Answer 62

Graham-Leach-Bliley Act