The Best Explanation for the End of Free Immigration in the 1920s

question 16

Multiple Choice

The best explanation for the end of free immigration in the 1920s is _____.

• A) the belated recognition that immigrants remitted large sums of money to their homelands undermining the balance of payments.
• B) the fear that America would be deluged by immigrants fleeing the war devastated economies of central and eastern Europe.
• C) the growing realization that free immigration produced a burdensome increase in welfare roles.
• D) the growing realization that free immigration undermined the incomes of blacks and women.

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Definitions:

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Loanable Funds

Financial resources available for borrowing, often within the context of a market setting interest rates.

Time Preference

The degree to which individuals prefer to receive goods, services, or returns on investments sooner rather than later.

Expected Inflation

The rate at which the general level of prices for goods and services is projected to rise over a specific period, influencing economic decisions.