Match the date with the change in US Monetary Policy
Question 5 options:
123456789101112
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1st bank bailouts occur
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123456789101112
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National Banking Act set standards for chartering national banks
and notes.
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123456789101112
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1st Bank of the U.S. is established
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123456789101112
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2nd Bank of the United States is established
|
123456789101112
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Federal Reserve Bank gets the power to independently set
interest rates.
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123456789101112
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Coinage act bans the use of silver in coin production
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123456789101112
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Bretton Woods summit that establishes the value of the U.S.
dollar relative to gold and its prominent role in foreign
exchange.
|
123456789101112
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Congress gives the Federal Reserve Bank it's specific goals of
"maximum employment, stable prices, and moderate long-term interest
rates".
|
123456789101112
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Federal Reserve Act that formulates the Federal Reserve Bank
system.
|
123456789101112
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Coinage Act that establishes the first US mint
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123456789101112
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The U.S. leaves the gold-standard.
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123456789101112
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The US first issues currency notes that are not backed by
gold
|
|
|
1. |
1977
|
2. |
1792
|
3. |
1816
|
4. |
1862
|
5. |
1863/1864
|
6. |
1791
|
7. |
1971
|
8. |
1873
|
9. |
1907
|
10. |
1913
|
11. |
1944
|
12. |
1951
|
|