The Union Army in 1861 and 1862 Fought a Limited

question 68

Multiple Choice

The Union Army in 1861 and 1862 fought a limited war, which meant that:

• A)the Union excluded any attacks on the southern people on the waterfront.
• B)the Union wanted to subjugate the southern people.
• C)the Union aimed at damaging civilian property to conquer the Confederate Army.
• D)the Union troops were careful not to assault southern civilians.
• E)the Union only waged war on the South on one front.

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Definitions:

Business Quarters

Divisions of the fiscal year into four equal parts, typically three months each, used by businesses to report earnings and assess performance.

Demand-Pull Inflation

An economic condition where prices rise because the demand for goods exceeds supply.

Cost-Push Inflation

Inflation caused by an increase in the cost of production, such as higher raw material costs, which is passed on to consumers in the form of higher prices.

Creditors

Creditors are individuals, businesses, or institutions that lend money or extend credit to others, expecting repayment in the future.