Which Issue Split the Major Parties in the Third, Fourth

question 60

Multiple Choice

Which issue split the major parties in the third, fourth, and fifth party systems and still remains relevant today?

• A) whether we should encourage industrialization
• B) the appropriate tariff rate
• C) presidential veto powers
• D) the proper size and role of the federal government
• E) where the national capital should be located

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Definitions:

Economize

To reduce expenses or to use resources carefully and efficiently to reduce waste and save money.

Full Production

The level of production where a company uses all its resources efficiently.

Unemployment Rate

The part of the labor force that is without employment but is actively interested in finding a job.

Full Employment

An economic situation in which all available labor resources are being used in the most economically efficient way.