Disagreement over the issues as represented in the posters above led to the —
A. start of the American Revolution
Incorrect. These issues were not related to the American Revolution.
B. passage of the Northwest Ordinance
Incorrect. These issues were related to an economic crisis.
C. formation of political parties
Incorrect. These issues were already divided according to political parties.
D. passage of protective tariffs
Correct! These issues divided political parties over the validity of protective tariffs.
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“Most commercial nations have found it necessary to institute banks; and they have proved to be the happiest engines that ever were invented for advancing trade.” -1781 |
Which of the following leaders is quoted above?
A. Thomas Jefferson
Incorrect. Thomas Jefferson was against a national bank.
B. Andrew Jackson
Incorrect. Andrew Jackson opposed national banks and he was successful in shutting down the Second National Bank of the United States.
C. Alexander Hamilton
Correct! Alexander Hamilton believed strongly in a national bank.
D. James Monroe
Incorrect. James Monroe was not a proponent of the national bank.
Which of the following is most closely associated with the cause of the Panic of 1819?
A. The widespread circulation of worthless bank notes
Correct! The bank notes lacked value and were circulated throughout the economy.
B. The imposition of the whiskey tax
Incorrect. This tax did not cause the Panic of 1819.
C. The war between France and Great Britain
Incorrect. This war did have an impact on the economy, but it occurred before the Panic of 1819.
D. The growth of the canal and highway system
Incorrect. This economic growth positively impacted the economy.
Which of the following represents a political position of Thomas Jefferson?
A. Promotion of an economy based on agriculture
Correct! Jefferson felt that the United States should be a country whose economy is based on agriculture.
B. Loose interpretation of the Constitution
Incorrect. Jefferson believed that the Constitution should be followed closely.
C. Approval of a national bank
Incorrect. Jefferson opposed a national bank, he believed it would make the citizens more dependent on the government.
D. Promotion of an economy based on manufacturing
Incorrect. Jefferson opposed this type of economy because he felt that it favored the wealthy.