Americans' Fear of Centralized Power and Their Distrust of Moneyed

question 8

Multiple Choice

Americans' fear of centralized power and their distrust of moneyed interests explain why the U.S.did not have a central bank until the

• A) 17th century.
• B) 18th century.
• C) 19th century.
• D) 20th century.

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Definitions:

American Society

A broad term referring to the social structure, cultural norms, and collective behavior of people living in the United States.

Preoccupation with Money

The state of being overly concerned or obsessed with acquiring wealth, often at the expense of other values or aspects of life.

Prohibition

The legal act of prohibiting the manufacture, storage, transportation, and sale of alcohol which was in effect in the United States from 1920 to 1933.

Lax Enforcement

Lax enforcement refers to a situation where rules, laws, or regulations are not strictly applied or are inadequately followed by authorities.