Author Question: Northeastern farmers responded to increasing western competition in the 1800s by a. reducing grain ... (Read 52 times)

washai

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Northeastern farmers responded to increasing western competition in the 1800s by
 a. reducing grain cultivation.
  b. increasing production of dairy products.
  c. growing hay to feed city horses.
  d. moving to the city or the West.
  e. All of the above.

Question 2

In the 1920s, the Federal Reserve followed a policy of _____ because it believed that the insolvent banks ____.
 a. letting insolvent banks fail; were too small to be profitable and were badly managed
  b. bailing out insolvent banks; too big to be allowed to fail
  c. letting insolvent banks fail; would be purchased by solvent banks anyway
  d. bailing out insolvent banks; this was what the Federal Reserve had been founded to do



SVictor

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Answer to Question 1

e. All of the above.

Answer to Question 2

a. Letting insolvent banks fail; were too small to be profitable and were badly managed.



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