In Response to the Panic of 1873, Many Debtors and Unemployed

question 15

Multiple Choice

In response to the Panic of 1873, many debtors and unemployed workers advocated

• A) easy money policies, which they hoped would spur economic expansion.
• B) federal monetary grants to freedmen so they could open their own businesses and banks.
• C) a federal loan program to finance industrial development in the South.
• D) federal loans to the freedmen so they could buy their own land.

Explain the propinquity effect and how proximity influences relationship formation.

Understand the concept of social allergy effect and its implications in relationships.

Describe the role of similarity and familiarity in interpersonal attraction and friendship.

Analyze the effects of one-sided or unrequited feelings on interpersonal dynamics.

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Definitions:

Property

Legal rights to own, use, and dispose of land, buildings, goods, intellectual creations, and other items.

Punitive Damages

Financial payment provided to a harmed individual that exceeds the amount needed for loss recovery and aims to penalize the responsible party.

Homeowner's Insurance

A form of property insurance that covers losses and damages to an individual's house and assets in the home.

Good Faith

Acting with honesty and sincerity, without intent to deceive or unfair advantage, especially in contractual or negotiation contexts.