The Dorr War

question 41

Multiple Choice

The Dorr War:

• A) stemmed from a disagreement between John Quincy Adams and Andrew Jackson over internal improvements.
• B) refers to fighting that broke out between whites and Cherokees in Georgia.
• C) demonstrated the contentiousness of the national bank debate.
• D) divided Rhode Islanders over the issue of expanding voting rights for white men.

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Definitions:

Double-Coincidence

The situation in a barter system where two parties each possess an item the other wants, enabling an exchange without the need for a medium of exchange like money.

Barter

Trading goods or services directly without the use of money as a medium of exchange.

Demand Deposits

Balances in bank accounts that depositors can access on demand by writing a check.

Liquid

In financial terms, describes assets that can be easily converted into cash without much loss in value.