What Did the Pendleton Act Do

question 40

Multiple Choice

What did the Pendleton Act do?

• A) It established a civil-service commission to prepare competitive exams for federal jobs.
• B) It required the use of silver as well as gold to back paper currency.
• C) It started the policy of having separate but equal facilities for blacks and whites.
• D) It raised tariff rates.
• E) It gave Congress the power to investigate and oversee railroad activities.

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Definitions:

Consumers' Desire

The willingness or inclination of consumers to purchase goods and services based on their preferences and needs.

Allocation Of Resources

The process of distributing available resources among various competing needs or projects in an economy.

Five Fundamental Questions

The five fundamental questions refer to key economic questions any economy faces about what goods to produce, how to produce them, for whom to produce, how to accommodate change, and how to promote innovation.

Scarce Supply

A situation where the availability of a product or service is limited relative to the desire or demand for it.