Greenbacks: Definition & History


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question 1 of 3

What were greenbacks?

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1. Which group promoted the gold standard?

2. Who were the main proponents of greenbacks?

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About This Quiz & Worksheet

This quiz and worksheet combo will assess your knowledge of the history of greenbacks in U.S. politics. In order to pass the quiz, you'll want to familiarize yourself with some basic historical details about the political party mentioned in the lesson, including when and why the party was founded.

Quiz & Worksheet Goals

These assessment tools will gauge your knowledge of:

  • What greenbacks were
  • Group which promoted the use of greenbacks
  • Group which backed the gold standard
  • Political party which fought for soft money in the 1870s
  • Why support for greenbacks declined in the 1880s and '90s

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on greenbacks in U.S. politics
  • Making connections - use understanding of the concept of currency in different contexts
  • Knowledge application - use your knowledge to answer questions about a key U.S. political party in the late 1800s

Additional Learning

To ensure your understanding, review the accompanying lesson, Greenbacks: Definition & Lesson. The lesson highlights the following objectives:

  • Define gold standard
  • Describe the results of the Legal Tender Act of 1862
  • Differentiate between hard money and soft money systems
  • Learn what brought about the Panic of 1873
  • Discuss the changes that took place to the U.S. currency system from the late 1800s to the 1930s