The 1836 Specie Circular Provided That Only Gold or Silver

question 55

Multiple Choice

The 1836 Specie Circular provided that only gold or silver would be accepted as payment for federal

• A) lands sold to speculators.
• B) loans extended to corporations.
• C) tariffs imposed on luxury items.
• D) taxes owed by individuals.

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Definitions:

Governmental Regulations

Laws and rules established by government agencies that dictate business practices, standards, and behaviors.

Socio-Cultural

Referring to the social and cultural dimensions or factors that influence an individual's behavior, values, and perceptions.

Technological

Relating to or involving technology, especially in the context of new and innovative digital or electronic devices.

Natural Environment

The physical, biological, and chemical surroundings in which living organisms interact and are affected.