Why Did the Whig Party Eventually Collapse

question 71

Multiple Choice

Why did the Whig party eventually collapse?

• A) It no longer had sufficient numbers of people voting for it because it was entirely at odds with the Republican Party.
• B) It opposed slavery to such a degree that it lost all support among southern voters and could not recover.
• C) The strain of the Kansas-Nebraska Act pushed northern and southern members toward joining different parties.
• D) The Republican party successfully defeated the major Whig candidates in the 1852 election.
• E) Its economic policies were perceived as too socialist considering the recent onset of a major depression.

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Definitions:

Funds

Financial resources that are saved or obtained for a specific purpose or project, often pooled together from multiple sources.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from the central bank or the rate used in discounted cash flow analysis to determine the present value of future cash flows.

NPV

NPV (Net Present Value) is a financial metric that calculates the present value of expected future cash flows of an investment, subtracting the initial investment cost.

Initial Cash Outflow

The initial amount of money paid out or expended, typically for an investment or purchase, before any returns are considered.