What Was the Significance of the Election of 1866

question 73

Multiple Choice

What was the significance of the Election of 1866?

• A) Republicans gained two-thirds majorities in both the House and Senate and could now override any presidential veto.
• B) Republicans gained simple majorities in both the House and Senate and could now override any presidential veto.
• C) Democrats gained strength because Americans saw the impeachment attempt of the president as a political sham.
• D) A new independent party, the National Democrats, gained significant power through the black vote.

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Definitions:

Merchandise Trade Balance

The difference between a country's exports and imports of tangible goods.

Services Trade Balance

The difference between exports and imports of services of a country, reflecting whether a country is a net provider or consumer of services internationally.

Adam Smith

An 18th-century economist known as the father of modern economics, famous for his theories on free markets and the 'invisible hand'.

International Trade

The exchange of goods and services across international boundaries.