What Prompted Congress to Pass the Pendleton Civil Service Reform

question 8

Multiple Choice

What prompted Congress to pass the Pendleton Civil Service Reform Act in 1883?

• A) The federal bureaucracy had grown too large under the system of patronage.
• B) The spoils system bred corruption and inefficiency within the federal government.
• C) After the Civil War, the entire government was overhauled, including the federal bureaucracy.
• D) Congress wanted to go back to working with well-educated people from the upper classes.

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Definitions:

Commission

A fee paid for services, usually a percentage of the total cost.

Current Yield

The annual interest income of a bond, calculated by dividing the annual interest by the current purchase price.

Bond A

A type of fixed-income investment where an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at a variable or fixed interest rate.

Yield To Maturity

the total return anticipated on a bond if the bond is held until it matures, considering both interest payments and capital gain.