The Specie Circular Was

question 41

Multiple Choice

The Specie Circular was

• A) a bulletin put out by Nicholas Biddle to let Americans know how the National Bank was doing.
• B) an executive order stating that the federal government would no longer accept any paper currencies, but only gold or silver.
• C) responsible for the withdrawal of most of the gold and silver out of the nation's banks, with only New York and Philadelphia banks able to continue to function.
• D) a government decision that led to much land speculation in the West.
• E) a direct result of the Market Revolution and the unsettled economic times.

---

Definitions:

Intranet

A private network accessible only to an organization's staff, often protected from external access by a firewall.

Metropolitan Area

Refers to a densely populated urban core and its less populated surrounding territories, sharing industry, infrastructure, and housing.

DSL Modem

A device that connects a computer to the internet through a telephone line using Digital Subscriber Line technology, providing high-speed internet access.

Copper Telephone Wiring

Traditional infrastructure used for telecommunications, employing copper wires to transmit voice and data signals.