28. The first Bank of the United States (a) Lent only to Northern merchants (b)
ID: 1128826 • Letter: 2
Question
28. The first Bank of the United States (a) Lent only to Northern merchants (b) Provided loans to small merchants throughout the country (c) Could not be trusted to hold the federal government's deposits (d) Insured all other banks' deposits 29. Jefferson was against Hamilton's plan for a national bank because (a) He believed the "necessary and proper" clause did not provide Constitutional justification for the bank lb) He believed the necessary and proper dlause provided Constitutional justification of a national bank, but did not like Alexander Hamilton (c) He believed banking should be left free and unregulated d) It would benefit the South at the expense of the North 30. The "tariff of abomination" was called such by the Southern states because: (a) Their Western state allies could not compete with the agricultural produce being imported under the tariffs (b) They believed the tariffs did not generate any revenues for the national government (c) The tariffs targeted the slave trade (d) They believed the tariffs benefited Northern merchants while hurting Southern importers 1. The Nullification Crisis came about because: (a) Northern congressmen were frustrated by the constant complaints of Southern congressmen (b) Southern states decided they would not enforce federal laws they did not agree with (c) Slavery was expanded by the Kansas-Nebraska act (d) Texas wanted to enter the Union as a slave state. 32. The result of Andrew Jackson dismantling the Bank of the United States was: (a) A land speculation bubble and the country's first financial crisis (b) The dissolution of the Coast Guard (c) Less investment in the country's infrastructure d) More lending to merchants by private banks 33. Even after the transatlantic slave trade was outlawed, the population of slaves in the U.S continued to rise rapidly. This is because of a high fertility rate among American slaves due to (a) Pleasant planation living conditions (b) Less incidence of tropical diseases and less grueling crops to harvest (c) A law requiring that slave famillies be kept together (d) Slaves' ability to make money outside of the plantation systemExplanation / Answer
28. A
Lent only to the northern merchants
29 D
It would benfit South over the North
30. A
It was labeled the Tariff of Abominations by its southern detractors because of the effects it had on the Southern economy. It set a 38% tax on 92% of all imported goods..
31. B
Southern states decided they would not enforce federal laws they didnt agree with
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