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Q. It is claimed that L. Frank Baum's classic 1900 children's book, the Wonderful Wizard of Oz, is an allegorical rendition of the U.S. political struggle over gold. Discuss.
Answer: True In L. Frank Baum's classic 1900 children's book The Wonderful Wizard of Oz the name "oz" is a reference to an ounce (oz.) of gold as well as the yellow brick road represents the false promise of gold. The story symbolizes the struggle of farmers in the western United States who were heavily indebted.
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Q. "It is in the interest of each depositor to withdraw her money from a bank if all other depositors are doing the same, even when the bank's assets are sound." Discuss. As par
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