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As the West Grew Increasingly Integrated with the National Economy

question 5

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As the West grew increasingly integrated with the national economy, the lives of Plains Indians permanently changed. How did the government respond to the conflict that arose from Indians who resisted these changes?


Definitions:

Futures Contract

An arrangement, enforceable by law, where individuals agree to trade a specified commodity or financial instrument at a previously established price, to be fulfilled at a specified time ahead.

Forward Contract

is a non-standardized contract between two parties to buy or sell an asset at a specified future date for a price agreed upon today.

Settlement Date

The date on which a trade is finalized, and the buyer must make payment and the seller must deliver the asset.

Option Contract

A financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a certain period.

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