Many Southerners Moved into the Old Northwest After the War

question 19

Multiple Choice

Many Southerners moved into the Old Northwest after the War of 1812 because

• A) the railroads opened the area to settlement.
• B) they wanted to gain wealth through trade with the Indians.
• C) they had earned land grants in exchange for their military service.
• D) they desired their own democratic communities, free of wealthy plantation owners and African Americans alike.
• E) they wanted to expand the territory where slavery was legal.

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Definitions:

Discount Rate

The interest rate used to discount future cash flows of a project or investment to their present value, reflecting the opportunity cost of capital.

Annual Net Cash Inflows

The total cash inflows minus the cash outflows for a business within a one-year period.

Useful Life

The estimated period over which an asset is expected to be usable by a business.

Purchase Machinery

The acquisition of machines or equipment for the production of goods or services.