Author Question: Bankers' concept of a sound money policy favored __________. A) a switch toward a silver-backed ... (Read 68 times)

HudsonKB16 · **on:** Sep 21, 2019

Question 1

Which of the following made it difficult for farmers to obtain credit at fair interest rates?

A) Farmers often defaulted on their debts.
B) Federal law prohibited national banks from making loans for farm property and real estate.
C) Most farmers were immigrants and federal law prohibited loans to immigrants.
D) Farm loans were considered risky investments by urban bankers.

Question 2

Support for the free silver movement was strongest among __________.

A) industrialists of the Northeast
B) Southern Republicans
C) rural debtor groups
D) Eastern conservative Democrats

Question 3

The Greenback Party formed primarily in response to __________.

A) the rise of the Populist Party
B) corruption in the federal bureaucracy
C) congressional laws passed by sound money advocates
D) the success of the free silver advocates

Question 4

Bankers' concept of a sound money policy favored __________.

A) a switch toward a silver-backed currency
B) implementation of the sub-treasury plan
C) extending the flow of currency in the South
D) limiting the money supply to maintain property values