Author Question: What did Woodrow Wilson do that fundamentally changed the nation's banking system and is still ... (Read 37 times)

clippers! · **on:** Sep 21, 2019

Question 1

The NAACP journal was called:

A) The Crisis.
B) The Masses.
C) The Philadelphia Negro.
D) The New Republic.

Question 2

Which of the following is NOT true about the creation of the Northern Securities Company Limited and the subsequent actions taken by Teddy Roosevelt's administration?

A) The company consolidated all of the oil production and refining in America under one company, which distressed Roosevelt because all of the oil in America would come from one corporate entity.
B) The attorney general used the Sherman Anti-Trust Act of 1890 to sue in order to break up the monopoly.
C) The company had been created by the merger of the Great Northern Railroad, the Union Pacific Railroad, and the Northern Pacific Railroad.
D) The merging of the companies created a monopoly that allowed for higher rates for passengers and cargo with limited competition.

Question 3

Social Darwinists held the view that racism toward African Americans was acceptable because:

A) without resistrictions, African Americans would take jobs away from whites.
B) African Americans were more advanced than whites and did not need special treatment.
C) African Americans needed to fight their own battles for equality.
D) they believed African Americans were predisposed to vice and crime.

Question 4

What did Woodrow Wilson do that fundamentally changed the nation's banking system and is still utilized today?

A) He closed down all smaller state banks and reinstated the Bank of the United States that had been destroyed by Andrew Jackson.
B) He created the Federal Reserve System, which allowed the government to control the flow of money in the country.
C) He replaced the usage of greenbacks with payments of gold and silver coins.
D) He allowed J.P. Morgan to run the nation's banking system through his own personal bank.