Explain the U.S. banking system, in general terms, between 1790 and the Civil War. What are the three parts? How did dual banking emerge from this era? Why were state-chartered private banks more likely to fail than the free banks?

How did this system change (i) during the Civil War, and (ii) after the Civil War?

Define Glass Steagal. Why were banks blamed for the Depression? How does more recent research question that view?

When did deposit insurance start, and what was the initial amount insured?

What are holding companies, and why were they allowed in 1956?