The Primary Reason That U

question 128

Multiple Choice

The primary reason that U.S.money has value is that it

• A) is backed by gold
• B) is fiat money
• C) is accepted by others in exchange for goods and services
• D) is commodity money
• E) has a fixed value established by the Federal Reserve.

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Definitions:

Africa

The world's second-largest and second-most populous continent, rich in cultural and geographical diversity.

Disenfranchise Southern Blacks

Historical efforts and practices, especially post-U.S. Civil War, geared towards preventing African Americans in the Southern states from voting and exercising their full rights.

Mississippi

A state in the southern region of the United States, known for its rich history, especially regarding the Civil Rights Movement and profound cultural contributions like blues music.

Readjuster Party

A political movement in Virginia during the late 19th century, advocating for the reorganization of the state's debt and expanded funding for public services, including education for African Americans.