Author Question: The government's first independent source of revenue under the Articles of Confederation was a. ... (Read 106 times)

Chelseaamend · **on:** Sep 12, 2019

Question 1

Which of the following was the most important mid-nineteenth-century innovation that significantly increased funds ready for investment?

a. joint-stock companies
b. limited liability corporations
c. international banks
d. public-private companies
e. insurance companies

Question 2

The government's first independent source of revenue under the Articles of Confederation was

a. land sales provided for in the land ordinances of 1784, 1785, and 1787.
b. the sale of British and Spanish ships captured during the Revolution.
c. an import duty recommended by Robert Morris and approved by the Confederation Congress over the states'objections to avert collapse of the nation's monetary system.
d. reparations from Great Britain provided for in the Treaty of Paris.