Which of the Following Was a Consequence of the United

question 20

Multiple Choice

Which of the following was a consequence of the United States tariff and tax system during the Gilded Age?

• A) It caused a reduction in the wages of industrial workers.
• B) It lowered prices on manufactured goods by increasing worldwide competition among producers.
• C) It led to a surplus in the federal treasury.
• D) It began to threaten the survival of a large number of American industries.

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Definitions:

Miranda Right

The right of a person under arrest to be informed of their legal rights, including the right to remain silent and the right to an attorney, before interrogation.

Wire Fraud

Wire fraud is a criminal offense involving the use of telecommunications or the internet to defraud individuals or entities of money, property, or valuable information.

Overt Act

An action that is openly done and can be clearly proved as part of the commission of a crime or tort.

Bank Fraud Statute

A legal provision aimed at fighting fraudulent activities targeting financial institutions, including deception for financial gain against banks.