What was the purpose of the Federal Reserve Act as created by Carter Glass and approved by Woodrow Wilson?
A. to create an emergency supply of money for the government to draw from in times of severe economic need
B. to control the amount of currency in the economy and regulate banking interest rates
C. to assume control of all state banks and how they lend money to businesses and private citizens
D. to allow for the Allied Powers to have access to low-interest loans for the duration of World War I
Answer: B
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In July 1863, a major riot broke out in New York City over all of the following reasons EXCEPT
A) anti-black sentiment by whites. B) the Emancipation Proclamation. C) the closing of newspapers. D) the draft.
What was Henry Clay's position on the annexation of Texas?
A) He did not want Texas admitted to the Union. B) He wanted to persuade Texas to abandon slavery so that it could be admitted. C) He was indifferent to the issue. D) He hoped that the addition of Texas would empower Southern slave states. E) He believed it should be admitted in conjunction with the admission of a free state.
All of the following were functions of the Freedmen’s Bureau except
a. the allotment of 40 acres and a mule to each former slave family. b. providing food, clothing, and shelter to needy freedmen. c. establishing schools and hospitals in the South. d. finding jobs for freedmen. e. none of these choices.
Why is the cultivation of squash, beans, and maize such an effective combination?
A) The three crops can all be grown year round. B) The three crops are all resistant to insects. C) The three foods are all high in protein. D) The three foods complement each other in dietary terms.