Question 1

The Constitution

Accepted Answer

A)  empowers each state to negotiate its own treaties with foreign governments. 
B)  provides for each slave to be counted as 1 person in determining a state's membership in the House of Representatives. 
C)  gives the federal government the exclusive power to coin money. 
D)  allows states to set tariffs on goods imported from another state. 
E)  All of the above. 
A)  empowers each state to negotiate its own treaties with foreign governments. 
B)  provides for each slave to be counted as 1 person in determining a state's membership in the House of Representatives. 
C)  gives the federal government the exclusive power to coin money. 
D)  allows states to set tariffs on goods imported from another state. 
E)  All of the above.

Question 2

The Continental Congress faced several constraints in its effort to finance the Revolutionary War.  The largest source of funds for the War was

Accepted Answer

A)  excise taxes. 
B)  domestic bond sales. 
C)  borrowing from foreign powers, such as France. 
D)  printing money. 
A)  excise taxes. 
B)  domestic bond sales. 
C)  borrowing from foreign powers, such as France. 
D)  printing money.

Question 3

Most of the cost of the Revolutionary War was borne by

Accepted Answer

A)  France , which supplied loans to finance the war effort. 
B)  domestic bond holders. 
C)  holders of devalued paper currency that was ultimately repudiated. 
D)  Tory property owners whose crops and belongings were confiscated. 
A)  France , which supplied loans to finance the war effort. 
B)  domestic bond holders. 
C)  holders of devalued paper currency that was ultimately repudiated. 
D)  Tory property owners whose crops and belongings were confiscated.

Question 4

Under the Articles of Confederation,

Accepted Answer

A)  only the federal government could issue paper money. 
B)  only the federal government had the power to levy taxes. 
C)  the federal government was ultimately responsible any debts incurred by the states. 
D)  the federal government had a difficult time negotiating military and economic treaties with other nations. 
E)  All of the above. 
A)  only the federal government could issue paper money. 
B)  only the federal government had the power to levy taxes. 
C)  the federal government was ultimately responsible any debts incurred by the states. 
D)  the federal government had a difficult time negotiating military and economic treaties with other nations. 
E)  All of the above.

Question 5

The economic system envisioned by the Constitution _________.

Accepted Answer

A)  embodied Adam Smith's emphasis on protecting private property. 
B)  used the Civil Code of France, rather than the English Common Law, as its foundation. 
C)  enshrined the traditional 18th century model of mercantilism which allowed the government to have large control over private ownership of goods and services. 
D)  fostered Jefferson's idea of a democracy based primarily on agriculture. 
A)  embodied Adam Smith's emphasis on protecting private property. 
B)  used the Civil Code of France, rather than the English Common Law, as its foundation. 
C)  enshrined the traditional 18th century model of mercantilism which allowed the government to have large control over private ownership of goods and services. 
D)  fostered Jefferson's idea of a democracy based primarily on agriculture.

Question 6

Which of the following most accurately and completely describes the responsibilities the Constitution gave to the federal government?

Accepted Answer

A)  The authority to provide for copyrights and patents. 
B)  The right to tax income. 
C)  The authority to regulate interstate commerce. 
D)  Both a and c. 
A)  The authority to provide for copyrights and patents. 
B)  The right to tax income. 
C)  The authority to regulate interstate commerce. 
D)  Both a and c.

Question 7

When the colonies obtained independence they were no longer bound by a number of English laws, including the Navigation Acts. What best describes the impact of the removal of the Navigation Acts for commodities that were imported from Europe via England?

Accepted Answer

A)  A shift out of the supply curve and a shift back in the demand curve, which  lowered prices. 
B)  A shift out in the supply curve, which decreased the price and increased the  quantity. 
C)  A shift back in both the supply and demand curves, which decreased quantity. 
D)  A shift back in the demand curve, which lowered both price and quantity. 
A)  A shift out of the supply curve and a shift back in the demand curve, which  lowered prices. 
B)  A shift out in the supply curve, which decreased the price and increased the  quantity. 
C)  A shift back in both the supply and demand curves, which decreased quantity. 
D)  A shift back in the demand curve, which lowered both price and quantity.

Question 8

What method did the U.S. use to fund most of the cost of the Revolutionary War?

Accepted Answer

A)  Increases in taxes. 
B)  Increases in the money supply. 
C)  Increases in bond sales 
D)  Increases in tariffs. 
A)  Increases in taxes. 
B)  Increases in the money supply. 
C)  Increases in bond sales 
D)  Increases in tariffs.

Question 9

Data presented in the text compare exports per capita in the early 1790s with exports per capita just prior to the Revolution.  The data show that by the early 1790s, exports per capita had increased in _____________, but had decreased in ___________________.

Accepted Answer

A)  the Upper South; the Lower South 
B)  the Upper South; New England 
C)  New England; the Middle Atlantic states 
D)  the Middle Atlantic states; the Upper and Lower South 
A)  the Upper South; the Lower South 
B)  the Upper South; New England 
C)  New England; the Middle Atlantic states 
D)  the Middle Atlantic states; the Upper and Lower South

Question 10

During the period following the Revolution,

Accepted Answer

A)  the populations of the major cities increased dramatically. 
B)  per capita exports decreased slightly for the southern states. 
C)  per capita exports decreased sharply for the southern states. 
D)  on average, per capita exports increased. 
A)  the populations of the major cities increased dramatically. 
B)  per capita exports decreased slightly for the southern states. 
C)  per capita exports decreased sharply for the southern states. 
D)  on average, per capita exports increased.

Question 11

Immediately following the Revolution, in the 1780s,

Accepted Answer

A)  indigo was the most important U.S. export (in terms of dollar value). 
B)  Spain placed severe restrictions on trade between its colonies and the U.S. 
C)  the U.S. became the main provider of shipping services for the French West Indies. 
D)  Great Britain eliminated tariffs on rice and tobacco. 
A)  indigo was the most important U.S. export (in terms of dollar value). 
B)  Spain placed severe restrictions on trade between its colonies and the U.S. 
C)  the U.S. became the main provider of shipping services for the French West Indies. 
D)  Great Britain eliminated tariffs on rice and tobacco.

Question 12

Which of the following responsibilities did the Constitution not give to the federal government?

Accepted Answer

A)  The right to set laws on patents. 
B)  The sole right to mint coins. 
C)  The right to establish post offices. 
D)  The right to tax income. 
A)  The right to set laws on patents. 
B)  The sole right to mint coins. 
C)  The right to establish post offices. 
D)  The right to tax income.

Question 13

Which of the following statements presents accurate information about the Napoleonic Wars (1793-1815)?

Accepted Answer

A)  The major adversaries in the Wars were England and Canada. 
B)  The peace treaty that ended the Wars is known as the Essex Decision. 
C)  The Wars led to increased demand for American shipping services. 
D)  During the temporary peace of 1801-1803, demand for U.S. re-exports increased. 
A)  The major adversaries in the Wars were England and Canada. 
B)  The peace treaty that ended the Wars is known as the Essex Decision. 
C)  The Wars led to increased demand for American shipping services. 
D)  During the temporary peace of 1801-1803, demand for U.S. re-exports increased.

Question 14

Which is an accurate description of the Revolution?

Accepted Answer

A)  It never had majority support. 
B)  Two-thirds of the population either opposed it or did nothing to support it. 
C)  It became a popular war, maintaining widespread popular support after 1776. 
D)  Both a and b are correct. 
E)  None of the above are correct. 
A)  It never had majority support. 
B)  Two-thirds of the population either opposed it or did nothing to support it. 
C)  It became a popular war, maintaining widespread popular support after 1776. 
D)  Both a and b are correct. 
E)  None of the above are correct.

Exam 7: Hard Realities for a New Nation

The Constitution

The Continental Congress faced several constraints in its effort to finance the Revolutionary War. The largest source of funds for the War was

Most of the cost of the Revolutionary War was borne by

Under the Articles of Confederation,

The economic system envisioned by the Constitution _________.

Which of the following most accurately and completely describes the responsibilities the Constitution gave to the federal government?

When the colonies obtained independence they were no longer bound by a number of English laws, including the Navigation Acts. What best describes the impact of the removal of the Navigation Acts for commodities that were imported from Europe via England?

What method did the U.S. use to fund most of the cost of the Revolutionary War?

Data presented in the text compare exports per capita in the early 1790s with exports per capita just prior to the Revolution. The data show that by the early 1790s, exports per capita had increased in _____________, but had decreased in ___________________.

During the period following the Revolution,

Immediately following the Revolution, in the 1780s,

Which of the following responsibilities did the Constitution not give to the federal government?

Which of the following statements presents accurate information about the Napoleonic Wars (1793-1815)?

Which is an accurate description of the Revolution?

Growth, Welfare, and the American Economy

Founding the Colonies

Colonial Economic Activities

The Economic Relations of the Colonies

Economic Progress and Wealth

Three Crises and Revolt

Land and the Early Westward Movements

Transportation and Market Growth

Market Expansion and Industry in First Transition

Labor During the Early Industrial Period

Money and Banking in the Developing Economy

The Entrenchment of Slavery and Regional Conflict

War, Recovery, and Regional Divergence

Agricultures Western Advance

Railroads and Economic Change

Industrial Expansion and Concentration

The Emergence of Americas Labor Consciousness

Money, Prices, and Finance in the Postbellum Era

Commerce at Home and Abroad

World War I, 1914-1918

The Roaring Twenties

The Great Depression

The New Deal

World War Ii

The Changing Role of the Federal Government

The Changing Role of the Federal Government: Consumer Safety, Agriculture, the Environment, and Housing

Monetary Policy, Fiscal Policy, and the Business Cycle After World War Ii

Manufacturing, Productivity, and Labor

Achievements of the Past, Challenges for the Future

Filters

Data presented in the text compare exports per capita in the early 1790s with exports per capita just prior to the Revolution. The data show that by the early 1790s, exports per capita had increased in _, but had decreased in _______.