5
HISTORY
Congress prints paper
currency for the first
time. The new currency
is called "greenbacks."
Fill in the time line to show the history of banking in the United States.
President Roosevelt
denies the gold
standard to the
American people, and
the Banking
Act of
1933 creates
the
FDIC.
1863
1861 1865
1971
1900
1929
1913
1933
Congress passes the
Gold Standard Act.
People can officially
exchange $1 for 1/20.67
of an ounce of gold.