An opponent of the Second Bank of the United States during the Bank War would most likely have argued that:
A) the bank lacked the power to stabilize the economy.
B) the bank pursued an excessively loose credit policy.
C) the bank's issuance of paper money caused inflation.
D) bankers were manipulative, elitist, and untrustworthy.
Answer: D
You might also like to view...
What did the Greeks, Serbs, and Romanians share in common in the nineteenth century?
A) They won their independence from the Ottoman Empire. B) They were incorporated into the Russian Empire. C) They were members of the Triple Entente. D) They were client states of Austria-Hungary.
Constantine declared toleration for Christians but did NOT make Christianity the official Roman religion
Indicate whether the statement is true or false
Who was largely responsible for the idea of driving cattle from Texas to railheads?
A) William Hickok B) Joseph G. McCoy C) Charles Goodnight D) Henry Comstock E) Hank Chisholm
With regard to the production of food, the states of the Confederacy
a. enjoyed a significant advantage over the Union because of their massive acreage of arable land. b. found it difficult to shift from the production of cash crops to the production of food, especially since slaves refused to learn the techniques of grain production. c. adopted a policy whereby slaves were granted access to small parcels of land in return for growing grains to feed the Confederate army. d. passed laws which turned over all the arable land in the South to the production of cotton, which was traded for food and other essential goods.