Gradual Evolution of Markets and Institutions Such That Geographic Boundaries

question 47

Multiple Choice

Gradual evolution of markets and institutions such that geographic boundaries do not restrict financial transactions is known as:

• A)deregulation.
• B)integration.
• C)re-regulation.
• D)globalization.
• E)moral suasion.

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Definitions:

Gilded Age

A term describing the late 19th century in the United States, marked by rapid economic growth, wealth accumulation of a few, and prominent social issues beneath the opulent surface.

American Reformers

Individuals or groups in the United States who advocate for or cause social, political, economic, or environmental changes to address perceived issues within society.

Banning Alcohol

The legal prohibition of the manufacture, transportation, and sale of alcohol, notably exemplified by the Prohibition era in the United States from 1920 to 1933.

Populist Movement

A political movement in the late 19th century that sought to represent the interests of farmers and laborers against the elites and big business.