During Reconstruction,regarding Land Ownership in the South

question 17

Multiple Choice

During Reconstruction,regarding land ownership in the South,

• A) the Freedmen's Bureau distributed millions of acres of land to freedmen.
• B) most plantations abandoned during the Civil War remained vacant.
• C) ownership by whites declined, while ownership by blacks increased.
• D) ownership by both whites and blacks increased.
• E) the federal government vigorously acted to confiscate land owned by former Confederates.

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Definitions:

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market, such as high startup costs, access to technology, and strict regulations.

Market Power

The ability of a firm or group of firms to influence or control prices or output in a particular market.

Barriers to Entry

are obstacles that make it difficult for new competitors to enter an industry, including high startup costs, strict regulations, and established brand loyalty.

Monopolistically Competitive

A market structure where many companies sell products that are similar but not identical.