As a Result of the Federalist Party Becoming Virtually Extinct

question 53

Multiple Choice

As a result of the Federalist Party becoming virtually extinct after the election of 1820 _______________________.

• A) ​Congress created a second party to compete with the Democratic-Republicans
• B) ​the lack of competition caused a fragmenting within the Democratic-Republican Party
• C) ​the Twelfth Amendment was passed to create another party
• D) ​the Democratic-Republican Party unified to nominate a single candidate for president in 1824
• E) ​every subsequent president until 1900 was a Democratic Republican

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Definitions:

Output Per Worker

The average production or output produced per unit of labor, often used as a measure of labor productivity.

GDP Devoted To Investment

The portion of the Gross Domestic Product that is spent on investments in capital goods, infrastructure, and other activities to promote economic growth.

Poor Countries

Nations with low levels of economic activity, low per capita income, and generally low standards of living.

Catch-Up Effect

The property whereby countries that start off poor tend to grow more rapidly than countries that start off rich