What Were Two of the More Important Reforms of the Progressive

question 22

Multiple Choice

What were two of the more important reforms of the Progressive Era?

• A) the "coal brigade" and the provision of civil war pensions
• B) patronage and the provision of national pensions
• C) the Australian ballot and primary elections
• D) the poll tax and the spoils system

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Definitions:

Market

The arena in which buyers and sellers come together to trade goods, services, or financial instruments, establishing prices through supply and demand.

Usury Law

Legislation that sets the maximum interest rate that can be charged on loans, to prevent lenders from imposing excessively high rates.

Market Rate

The prevailing interest rate available in the market for loans or the rate at which other financial instruments are priced, often influenced by the supply and demand for money.

Shortage

A situation where the demand for a product or service exceeds the available supply.