Which of the Following Most Accurately Describes the Relationship Between

question 13

Multiple Choice

Which of the following most accurately describes the relationship between the government and the economy in the Gilded Age?

• A) State and local governments diminished in scope and purpose, as the federal government extended its control of business and banking regulation.
• B) The rise of the Republican Party in national politics signaled new growth in the national government and a new commitment to breaking up monopolies.
• C) Politicians of both major parties favored business and banks and supported a reduction in the money supply and a return to the gold standard.
• D) Western state governments lobbied to block new tariffs that would raise the price of manufactured goods and bankrupt farmers.
• E) State and local government increased in scale while the federal government decreased.

---

Definitions:

AIDS Epidemic

A public health crisis characterized by the widespread infection of HIV/AIDS, impacting millions globally and a major focus of medical research and public policy.

Production Possibilities Curve

A graphical representation that shows the maximum number of goods or services that can be produced in a given economy, given available resources and technology, when all resources are fully and efficiently employed.

Transcontinental Railroad

A continuous network of railroad trackage that crosses a continental land mass with terminals at different oceans or continental borders.

Production Possibilities Curve

A graphical representation showing the maximum combination of goods and services that can be produced using all available resources efficiently.