To resolve the problem of the vast expenses New World settlement required, English merchant-capitalists introduced the concept of __________
a. proprietorship
b. primogeniture
c. the joint-stock company
d. feudalism
e. mercantilism
C
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Why was "America" named after Amerigo Vespucci?
a. Vespucci published a falsified travel account that convinced mapmakers that he had proved America was separate from Asia. b. Vespucci had been on Columbus's last voyage, but unlike Columbus realized that they had found a new continent. c. Vespucci's travels to the Americas brought great wealth to Spain, and he was rewarded with a continent named for him. d. Vespucci was the first person to make contact with what is now the Bahamas, and the continent he reached was named after him. e. Vespucci convinced the king and queen of Spain that Columbus had falsified reports of his travels, and proved that it was he who had been the first to reach the Americas.
Nicholas Biddle realized that he could use the Second National Bank as a
A) rudimentary central bank. B) mechanism to undermine President Jackson. C) monopoly to enrich foreign investors. D) means to thwart the political ambitions of Henry Clay.
During the 1920s, Europeans branded Americans as stingy because of America's
a. humanitarian food program. b. refusal to aid Russians during a period of famine. c. handling of war debts and reparations. d. huge military arms buildup.
Jackson's Specie Circular resulted in
a. a land boom b. the federal government's paying off its debt c. an economic depression d. state banks issuing more and more banknotes not backed by gold or silver e. the issuing of charters to banks by the states