In His First Inaugural Address, Abraham Lincoln

question 14

Multiple Choice

In his first inaugural address, Abraham Lincoln

• A) reassured the South that he had no right to interfere with slavery where it existed.
• B) threatened to declare war if any more southern states seceded from the Union.
• C) promised he would not allow the South to fire the first shot in a civil war.
• D) declared that he did not have the power to execute the law in states that had seceded.

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Definitions:

Price Ceiling

A legal maximum price that can be charged for a good or service, aimed at preventing prices from becoming prohibitively high.

Price Ceiling

A price ceiling is a government-imposed limit on the price that can be charged for a product or service, intended to prevent prices from rising too high.

Low-Income People

Individuals or groups who earn significantly less than the average income level in their society.

Price Ceilings

Government-imposed limits on how high a price can be charged for a product or service.