Which of the Following Is True of the American Response

question 66

Multiple Choice

Which of the following is true of the American response to Toussaint L'Ouverture's slave uprising, which led to the establishment of Haiti as an independent nation in 1804?

• A) John Adams opposed it because it was a threat to the established order.
• B) Thomas Jefferson welcomed Haitian independence as another example of what he had advocated in the Declaration of Independence.
• C) Most white Americans were glad to see France, which had turned politically radical, suffer the loss of Haiti.
• D) Most enslaved Americans opposed L'Ouverture's success because they believed it might inspire a white crackdown on their behavior.
• E) Many white Americans considered L'Ouverture's uprising to be evidence of blacks' unfitness for republican freedom.

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Definitions:

Arbitrage

The simultaneous buying and selling of assets in different markets to exploit price differences for profit.

Elasticity of Demand

A gauge for the responsiveness of how much a product is wanted relative to fluctuations in its price.

Inelastic Demand

A market situation where the demand for a product does not significantly change with a change in price.

Elastic Demand

A market condition where the demand for a product or service significantly changes in response to price changes.