Economics Flashcards
The NY Courthouse of what organization cost $13 million dollars to build (the taxpayers got robbed because this organization mainly benefitted the immigrants)? A. Federal Government B. the government of NY C. Tammany Hall D. Settlement Houses
C Tammany Hall
How much money did it take to pave the roads of America in gold?
A. 20,000 greenbacks
B. $1.5 million
C. $5 trillion
D. The roads were not actually paved in gold.
D. The roads were not actually paved in gold
What dummy company faced a two-pronged accusation that they were a fraud and that they received bribes from government officials? A. Cleveland MeatPackers B. Crédit Mobilier C. Tammany Hall D. Standard Oil
B. Crédit Mobilier
What political party shows how currency reform was a major consideration during elections? A. The Know Nothing Party B. The Democrats C. The Greenback Party D. The Republican Party
C. The Greenback Party
Which of the following were passed in response to currency reform?
I. Bland-Allison Act
II. The Greenback Act
III. The Sherman Silver Act
A. None of them
B. All of them
C. I and II
D. I and III
D. I and III
What percent of government spending and taxing occurred at the federal level? A. 20% B. 40% C. 60% D. 70%
B. 40%
The 1889 cartoon “The Bosses of the Senate” conveys what message?
A. This period’s corrupt alliance between big businesses and politics was a big issue of the patronage system.
B. Only 10 people ruled the Senate at the time.
C. Senate dominated both Houses in Congress
D. The bosses sat back while the little men did all the work.
A. This period’s corrupt alliance between big businesses and politics was a big issue of the patronage system.
Which president made the issue of tariff reform central to politics of the late 1880s (22nd president)? A. Garfield B. Cleveland C. McKinley D. Arthur
B. Cleveland
Farm Crisis: "no food, no\_\_\_\_\_" A. shoes B. family C. money D. beer
C. money
What was the Sherman's solution to the economic troubles? A. gold B. loans C. inflation D. silver
D. silver
