When Woodrow Wilson became president in 1912, the most serious shortcoming in the country's financial structure was that
a. federal paper money was not backed by sound gold or silver.
b. heavy state and federal regulation of big business and trusts that handicapped the development of business in America.
c. the banking system was too heavily regulated by the federal government.
d. the U.S. dollar was rigidly tied to gold.
e. money for lending was inelastic and heavily concentrated in New York City.
e
You might also like to view...
What event is generally seen as starting the second phase of the black student movement?
A) the Attica Prison Revolt B) the first sit-ins in the 1960s C) the Orangeburg Massacre D) the death of Malcolm X
The Crusades offered the church a way to rid Europe of contentious young nobles
a. True b. False Indicate whether the statement is true or false
The most notable evidence of Chinese society changing at the end of the nineteenth century was in
A. the rise of a money economy in the countryside. B. the building of railroads. C. the movement of landlords to the cities allowed for development of commercial agriculture. D. cultural influences of European and North American present in coastal cities. E. the expansion of female education.
Among the preparations for Judgment day, many Christians underwent
a. partaking of the Eucharist. b. forsaking sexual activity. c. circumcision. d. a second conversion. e. ascetic trials.