The Wade-Davis Bill

question 1

Multiple Choice

The Wade-Davis Bill

• A) essentially followed President Lincoln's Reconstruction plans.
• B) was criticized by Conservative Republicans for being too mild.
• C) sought to bring about the disenfranchisement of leading Confederates.
• D) denied reentry into the Union by former Confederate states for 10 years.
• E) quickly became the law of the land.

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Definitions:

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the principal, paid to lenders over a period.

Real Rate of Return

The rate of profit or loss on an investment after adjusting for inflation, providing a more accurate measure of purchasing power.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, over a specific period of time.