What Did the Members of the Grange Fight for in the Creation

question 52

Multiple Choice

What did the members of the Grange fight for in the creation of the Constitution of 1876?

• A) That the powers of the banks would be restricted by constitutional provisions.
• B) Railroad companies would be free to conduct their business in any way.
• C) That the legislature would have unlimited powers to raise taxes if necessary.
• D) Corporations would be bound to more lenient rules than other businesses.
• E) That agricultural activities would be highly restricted by the state government.

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Definitions:

English Penny Black

The world's first adhesive postage stamp used in a public postal system, issued in Great Britain in 1840.

Self-Interest

The motivation of individuals that drives them to act in pursuit of their own desires and benefits, often considered a fundamental economic assumption.

Vickrey Auction

A type of sealed-bid auction where bidders submit their bids without knowing the others' bids, and the highest bidder wins but pays the price bid by the second-highest bidder.

English Auction

A common auction format where the price ascends and participants bid openly against one another, with the item being sold to the highest bidder.