Which of the Following Took Place During the First Phase

question 73

Multiple Choice

Which of the following took place during the first phase (1775-76) of the Revolutionary War?

• A)British troops evacuated Boston.
• B)American troops captured Quebec.
• C)The British won a significant victory in North Carolina.
• D)American troops took Nova Scotia.
• E)British troops under William Howe captured Philadelphia.

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Definitions:

Elastic Currency

A currency system that can expand or contract in supply in response to economic needs, often managed by a central banking authority.

Nation's Banks

Banks that operate within a specific country, serving its economy and citizens.

Federal Reserve

The central banking system of the United States, responsible for regulating the country's money supply and interest rates.

Lender of Last Resort

An institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.