As a Solution to the Depression That Followed the Panic

question 73

Multiple Choice

As a solution to the depression that followed the panic of 1873, debtors strongly advocated

• A) a return to gold as the only form of American money.
• B) establishment of a federally regulated system of savings and loan banks.
• C) the appointment of farmers and workers to the Treasury Department.
• D) bankers making additional, greater loans at lower interest rates to finance new economic ventures by promoters who were having trouble realizing profits from their previous railroad, mines, factory, and grain field investments.
• E) inflation through issuance of far more greenback paper currency.

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Definitions:

Inordinate

Exceeding reasonable limits; excessively.

Avoiding Situations

The act of deliberately staying away from certain places, events, or circumstances to prevent discomfort or anxiety.

Anxiety Disorder

encompasses a range of mental health conditions characterized by excessive and persistent fear and anxiety and related behavioral disturbances.

Final Exam

A comprehensive test given at the end of a course of study to assess a student's mastery of the material.