Which of the Following Was a Consequence of the Discovery

question 85

Multiple Choice

Which of the following was a consequence of the discovery of new silver mines in the West in the late nineteenth century?

• A) The price of silver increased to a level equal to the price of gold.
• B) The United States Treasury increased its production of silver coins, causing severe inflation.
• C) The price of silver on the open market dropped, making it more profitable for silver producers to sell silver to the government at the old sixteen-to-one ratio.
• D) Silver producers refused to sell silver to the government, which in turn stopped minting silver coins.

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Definitions:

Top-Down

A management approach where decisions and directions come from the upper levels of an organization to the lower levels.

Explicit Coercion

The use of direct force or threats to compel someone to act in a desired way against their will.

Implicit Coercion

A form of pressure or influence that is not explicitly stated but is understood or implied in interactions.

Risky

Involving or exposed to a high degree of uncertainty and the potential for loss or harm.