Question 1

After the American Revolution concluded,what did the English do?

Accepted Answer

A)  They withdrew all investments in colonial America. 
B)  They continued investing in colonial America. 
C)  They discouraged individuals in other countries from investing in colonial America. 
D)  They did none of the above. 
A)  They withdrew all investments in colonial America. 
B)  They continued investing in colonial America. 
C)  They discouraged individuals in other countries from investing in colonial America. 
D)  They did none of the above.

Question 2

Many colonists believed that export surpluses with England positively impacted colonial businesses through increased prices and profits.

Accepted Answer

A) True 
 B)False

Question 3

Discuss the colonial benefits of the "Industrial Revolution" in England.Explain why the colonists did not necessarily have to incur the same "start up" costs and thus moved quickly into their own industrial phase of production.

Accepted Answer

The Industrial Revolution in England pro

Question 4

Discuss the role of the Navigation Acts in the list of complaints the colonists registered against the British through the First Continental Congress.

Accepted Answer

The Navigation Acts played a significant

Question 5

With regards to money in the colonies,

Accepted Answer

A)  the colonies did not produce enough of their own precious metals to coin money. 
B)  the British did not allow the export of their own coins to the colonies but did not object to foreign coins flowing into the colonies. 
C)  the British did not allow paper money created by the colonies to be declared legal tender, but this policy did not prohibit the colonists' use of it. 
D)  all of the above apply. 
A)  the colonies did not produce enough of their own precious metals to coin money. 
B)  the British did not allow the export of their own coins to the colonies but did not object to foreign coins flowing into the colonies. 
C)  the British did not allow paper money created by the colonies to be declared legal tender, but this policy did not prohibit the colonists' use of it. 
D)  all of the above apply.

Question 6

Producers of goods and services suffered during the American War in which of the following sectors?

Accepted Answer

A)  Fishing, whaling, and shipping 
B)  Exports and imports 
C)  Manufacturing and agriculture 
D)  All of the above 
A)  Fishing, whaling, and shipping 
B)  Exports and imports 
C)  Manufacturing and agriculture 
D)  All of the above

Question 7

During the period in which the Navigation Acts guided colonial trade,international trade was safe and many countries fairly engaged in commercial trade.

Accepted Answer

A) True 
 B)False

Question 8

Some researchers argue that the American Revolution was probably inevitable.The most important factor,of those listed below,was/were

Accepted Answer

A)  prohibitions against trade with nations other than England and severe exploitation of the colonists under the Navigation Acts, which kept the standard of living low in the colonies. 
B)  excessive taxation which for generations kept the after-tax incomes of the colonists below those in England. 
C)  a series of revenue-raising measures imposed on the colonists at the end of the French and Indian War for the purpose of making the colonies more self-supporting. 
D)  British prohibitions against the use of slaves in the lands west of the original thirteen colonies. 
A)  prohibitions against trade with nations other than England and severe exploitation of the colonists under the Navigation Acts, which kept the standard of living low in the colonies. 
B)  excessive taxation which for generations kept the after-tax incomes of the colonists below those in England. 
C)  a series of revenue-raising measures imposed on the colonists at the end of the French and Indian War for the purpose of making the colonies more self-supporting. 
D)  British prohibitions against the use of slaves in the lands west of the original thirteen colonies.

Question 9

Under the list policies of England,primary production was encouraged while production in manufacturing was discouraged in colonial America.

Accepted Answer

A) True 
 B)False

Question 10

The Navigation Acts (1651 and later amendments)

Accepted Answer

A)  defined the British Empire within Europe and restricted shipping and trade between it and the external world. 
B)  had a major purpose of enlarging and protecting the King of England's income derived from trade through shipping and trade. 
C)  advanced free trade across the British Empire. 
D)  held true for all of the above. 
A)  defined the British Empire within Europe and restricted shipping and trade between it and the external world. 
B)  had a major purpose of enlarging and protecting the King of England's income derived from trade through shipping and trade. 
C)  advanced free trade across the British Empire. 
D)  held true for all of the above.

Question 11

Inflation burdens those individuals living on fixed incomes.

Accepted Answer

A) True 
 B)False

Question 12

What did the Proclamation of 1763 and the Quebec Act of 1774 represent?

Accepted Answer

A)  A continuation of earlier British land policies, but these were no longer workable or acceptable to the colonists 
B)  A temporary change in British land policies, but the change was not workable or acceptable to the colonists 
C)  A permanent change of earlier British land policies that was not acceptable to the colonists, who wanted a continuation of the old policies 
D)  The Proclamation was more of a temporary change, but the Quebec Act represented a permanent change of earlier policy, neither of which was acceptable to the colonists 
A)  A continuation of earlier British land policies, but these were no longer workable or acceptable to the colonists 
B)  A temporary change in British land policies, but the change was not workable or acceptable to the colonists 
C)  A permanent change of earlier British land policies that was not acceptable to the colonists, who wanted a continuation of the old policies 
D)  The Proclamation was more of a temporary change, but the Quebec Act represented a permanent change of earlier policy, neither of which was acceptable to the colonists

Question 13

The emphasis upon export surpluses in mercantilist theory

Accepted Answer

A)  is also called the "beggar-thy-neighbor policy" and a "favorable" balance of trade. 
B)  was thought to be a good thing by business people because it meant that more money was circulating and more money meant higher prices and brisk trade. 
C)  was thought to be a good thing by governments because it created brisk trade which yielded higher tax revenues than did slack trade. 
D)  is characterized by all of the above. 
A)  is also called the "beggar-thy-neighbor policy" and a "favorable" balance of trade. 
B)  was thought to be a good thing by business people because it meant that more money was circulating and more money meant higher prices and brisk trade. 
C)  was thought to be a good thing by governments because it created brisk trade which yielded higher tax revenues than did slack trade. 
D)  is characterized by all of the above.

Question 14

Which of the following revenue-raising options did the "colonial" government select to secure the resources needed to revolt?

Accepted Answer

A)  Printing money and borrowing from other countries 
B)  Printing money and confiscating property 
C)  Taxing and borrowing from other countries 
D)  Taxing and reducing non-military government spending 
A)  Printing money and borrowing from other countries 
B)  Printing money and confiscating property 
C)  Taxing and borrowing from other countries 
D)  Taxing and reducing non-military government spending

Question 15

Davis and Huttenback (1982)find evidence to support the claim that the colonists were overtaxed by England.

Accepted Answer

A) True 
 B)False

Question 16

Hughes and Cain (2011)suggest that an event or series of events occurring in 1763 doomed British policy.What happened?

Accepted Answer

A)  A series of oppressive taxes 
B)  A tightening and more rigorous enforcement of the Navigation Acts 
C)  A proclamation which limited trans-Appalachian settlement to lands once granted to colonists by crown approval 
D)  An act that gave the Quebec province all the land west of the Ohio River 
A)  A series of oppressive taxes 
B)  A tightening and more rigorous enforcement of the Navigation Acts 
C)  A proclamation which limited trans-Appalachian settlement to lands once granted to colonists by crown approval 
D)  An act that gave the Quebec province all the land west of the Ohio River

Question 17

English mercantilism recognized the law of comparative advantage,thus permitting individuals to specialize in producing those goods and services which they could produce at relatively low opportunity costs and trading those items for those which they could not.

Accepted Answer

A) True 
 B)False

Question 18

Tobacco could not be grown in England.It could only be produced in the colonial South.

Accepted Answer

A) True 
 B)False

Question 19

With regard to British trade and commercial policies,all of the following are true except

Accepted Answer

A)  British trade and commercial policies had been somewhat beneficial, from the colonials' point of view, but now (the 1770s) they had become intolerable. 
B)  These policies, unlike land, did not take away American rights so much as they attempted to tax the exercise of them. 
C)  After 1763 the English believed they were free to change their policies drastically to better accomplish the policy goals. 
D)  By the 1770s, like land, these policies had become insupportable after a long period of relative success. 
A)  British trade and commercial policies had been somewhat beneficial, from the colonials' point of view, but now (the 1770s) they had become intolerable. 
B)  These policies, unlike land, did not take away American rights so much as they attempted to tax the exercise of them. 
C)  After 1763 the English believed they were free to change their policies drastically to better accomplish the policy goals. 
D)  By the 1770s, like land, these policies had become insupportable after a long period of relative success.

Question 20

Discuss the effects of the American Revolution on average prices,agricultural production and manufacturing.

Accepted Answer

The American Revolution had a significan

Exam 4: Gaining Independence

After the American Revolution concluded,what did the English do?

Many colonists believed that export surpluses with England positively impacted colonial businesses through increased prices and profits.

Discuss the colonial benefits of the "Industrial Revolution" in England.Explain why the colonists did not necessarily have to incur the same "start up" costs and thus moved quickly into their own industrial phase of production.

Discuss the role of the Navigation Acts in the list of complaints the colonists registered against the British through the First Continental Congress.

With regards to money in the colonies,

Producers of goods and services suffered during the American War in which of the following sectors?

During the period in which the Navigation Acts guided colonial trade,international trade was safe and many countries fairly engaged in commercial trade.

Some researchers argue that the American Revolution was probably inevitable.The most important factor,of those listed below,was/were

Under the list policies of England,primary production was encouraged while production in manufacturing was discouraged in colonial America.

The Navigation Acts (1651 and later amendments)

Inflation burdens those individuals living on fixed incomes.

What did the Proclamation of 1763 and the Quebec Act of 1774 represent?

The emphasis upon export surpluses in mercantilist theory

Which of the following revenue-raising options did the "colonial" government select to secure the resources needed to revolt?

Davis and Huttenback (1982)find evidence to support the claim that the colonists were overtaxed by England.

Hughes and Cain (2011)suggest that an event or series of events occurring in 1763 doomed British policy.What happened?

English mercantilism recognized the law of comparative advantage,thus permitting individuals to specialize in producing those goods and services which they could produce at relatively low opportunity costs and trading those items for those which they could not.

Tobacco could not be grown in England.It could only be produced in the colonial South.

With regard to British trade and commercial policies,all of the following are true except

Discuss the effects of the American Revolution on average prices,agricultural production and manufacturing.

Overseas Empire

Colonial Development

America on the Eve of Revolution

Westward Expansion

Population and Labor Force

Law and the Rise of Classical American Capitalism

Transportation, Internal Improvements, and Urbanization

Agricultural Expansion: The Conflict of Two Systems on the Land

The Debate over Slavery

The Early Industrial Sector

The Financial System and the International Economy

Economic Effects of the Civil War

Railroads and Economic Development

Post-Civil War Agriculture

Population Growth and the Atlantic Migration

Industrialization, Entrepreneurship, and Urban Growth

Big Business and Government Intervention

Financial Developments 1863–1914

The Giant Economy and Its International Relations

Labor and the Law

The Command Economy Emerges: World War I

Normalcy”: 1919–1929

The Great Depression

The New Deal

The “Prosperity” of Wartime

Before the New Frontier: The Postwar Economy

Population, Health, and Labor

Postwar Industry and Agriculture

To the New Millennium and Beyond

Does Our Past Have a Future?

Filters