One of the Most Important By-Products of the War of 1812

question 131

Multiple Choice

One of the most important by-products of the War of 1812 was

• A) a renewed commitment to states' rights.
• B) a heightened spirit of nationalism.
• C) a resurgence of the Federalist party.
• D) an increased economic dependence on Europe.
• E) the subjugation of the Indians.

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Definitions:

Consumer Credit

A type of personal loan or credit extended to consumers for the purchase of goods and services, repayable in installments or at a later date.

Business Loans

Financial products offered by banks and financial institutions to companies for the purpose of funding operations, expansions, or investments.

Commercial Loans

Commercial loans are debt-based funding agreements between businesses and financial institutions, used primarily for business purposes.

Truth In Lending Act

Legislation at the national level that facilitates educated decisions about consumer credit use by demanding information on its terms and fees be made available.