Which one of the following colonial groups actually benefited from the Navigation Acts?
a. Southern tobacco farmers
b. New England shipbuilders
c. colonists who bought goods imported from non-imperial sources
d. No colonial group benefited from the Navigation Acts.
Question 2
Persistent U.S. deflation between 1879 and the mid-1890s was primarily due to the fact that the ___________ was growing faster than the _________.
a. supply of money; demand for money
b. demand for money; supply of money
c. demand for money; demand for goods
d. demand for goods; supply of money