In the 1828 Presidential Election Andrew Jackson Won Easily Against

question 14

Multiple Choice

In the 1828 presidential election Andrew Jackson won easily against the candidates who had defeated him in an 1824 electoral college upset. Jackson won this election decisively. Which of the following was NOT a result of this important election?

• A) A new major party emerged almost overnight and immediately became a strong and lasting force in politics.
• B) Political parties quickly realized the need to organize within the states to build a strong organizational base.
• C) Political parties became larger and stronger.
• D) Political parties began to hold national party conventions.
• E) The dominant party influenced the enactment of legislation that solidified a one-party system by making it difficult to oppose this dominant party.

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Definitions:

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a specific period, often calculated as the income and capital gains during the period.

Strike Price

The fixed price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a fixed period.

Break Even

The point at which total costs and total revenues are equal, resulting in no net loss or gain for a business or investment.