One of the Most Farsighted Provisions of the Northwest Ordinance

question 3

Multiple Choice

One of the most farsighted provisions of the Northwest Ordinance of 1787

• A) set aside a section of each township for education.
• B) abolished slavery in all of the United States.
• C) prohibited slavery in the Old Northwest.
• D) kept power in the national government.
• E) established a commission to determine the extent of a need for a Bill of Rights.

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Definitions:

Fixed Prices

Prices that do not change in response to market fluctuations, often set by government regulation or by agreement between parties.

Total Spending

The aggregate amount of expenditure by all sectors of the economy, including households, businesses, government, and foreign buyers.

Larger Output

Production at a higher volume, often pursued to achieve economies of scale and reduce the average cost per unit.

Government Purchases

Expenditures by the government sector for goods and services that government consumes in providing public services and for public capital that has long-term usage.