One of the Chief Objectives of Policy Under George Grenville

question 75

Multiple Choice

One of the chief objectives of policy under George Grenville was to:

• A) continue the practice of "salutary neglect"
• B) require jury trials for American smugglers
• C) challenge the authority of the king
• D) reduce Britain's enormous debt
• E) give colonial assemblies more power

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Definitions:

Means of Payment

Various methods through which debts can be paid, ranging from physical currency to electronic transfers of funds.

Precious Metals

Metals that are rare and have high economic value, such as gold, silver, and platinum.

Currency

The system of money in general use in a particular country, vital for financial transactions and economic activities.

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, checking accounts, and negotiable order of withdrawal (NOW) accounts.