What Two Meanings Did the Term "Free Soil" Have, in Regard

question 86

Multiple Choice

What two meanings did the term "free soil" have, in regard to the Free Soil Party?

• A) freedom from the existence of slavery in the new territories and government-provided free homesteads for white settlers in these territories
• B) freedom from actual slavery for blacks living in the South and freedom from "wage slavery" for whites living in the North
• C) freedom from the gag rule and from the Fugitive Slave Act
• D) freedom from government intervention in the economy, both in the form of tariffs and through attempts to limit slavery
• E) freedom for all southerners to own slaves and freedom for all northerners to hire low-paid immigrant labor

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Definitions:

Marginal Benefit

The supplementary value derived from the consumption of an extra unit of a good or service.

Interest-Rate Cost-Of-Funds

This refers to the expense incurred by institutions when borrowing funds, influenced by the current interest rates.

Marginal Cost-Of-Funds

The additional cost of obtaining one more unit of funding.

Investment Projects

Initiatives undertaken by individuals or firms involving the expenditure of resources with the expectation of future financial returns.