All of the following EXCEPT what, are significant causes of the panic of 1819:
a. banks produced currency and loans without gold to back it up.
b. surplus of crops drove prices down
c. decrease of crops drove prices up
Ans: c. decrease of crops drove prices up
You might also like to view...
Dress reform, especially the wearing of bloomers, was abandoned because
A) the new style proved too expensive. B) when new styles became acceptable, they were no longer radical enough. C) constant conflict led to exhaustion in the movement. D) the new costumes were too expensive.
The Munich agreement of 1938
A. ended further German aggression until World War II began. B. put most of Poland under German control. C. was the result of negotiations involving the League of Nations. D. was supported by President Franklin Roosevelt. E. was signed by Joseph Stalin despite misgivings about German intent.
?Black Thursday? refers to
A) the Wall Street crash of 1929. B) Herbert Hoover?s election as U.S. president. C) the occupation of the Ruhr. D) the signing of the Treaty of Versailles. E) the fall of the Kredit-Anstalt in Vienna.
What did the French Socialist Louis Blanc hope to achieve through his proposed national workshops?
A) universal suffrage B) female equality C) state guarantee of the right to work for every laborer D) recognition of nationalist aspirations of all European nationalities E) redistribution of property