Jackson received a plurality of electoral/ popular votes over Adams in Election of 1824 so

The House of Representatives had to decide the Presidency.

Why did SC hate the Tariff of Abominations?

It helped industrial north at the expense of the farm south.

What did President Jackson do that caused the Panic of 1837.

He vetoed the charter of the 2nd National Bank.

What was the "Spoils System?"

Rewarding supporters with political offices.

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Unit IV Objective 3 and 4

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An Honors Govt./ Econ Quiz to help students prepare for a quiz.

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Questions 18

Answers

1
Because Jackson wanted to increase the power of the Presidency, his enemies called him . . .
King Andrew I
Old Man Andrew
King George III
Old Hickory
2
Jackson received a plurality of electoral/ popular votes over Adams in Election of 1824 so
the election of 1824 had to be redone all over again.
The House of Representatives had to decide the Presidency.
The senate had to decide who would be the President.
the Supreme Court had to decide who won the Presidency.
3
Based on competition and private ownership of resources.
mercantilism
socialism
feudalism
capitalism (Free enterprise)
4
Why did SC hate the Tariff of Abominations?
The north voted on it in secret without telling the south.
Helped farming north at the expense of the industrial south.
It helped industrial north at the expense of the farm south.
Britain threatened to stop buying SC cotton.
5
A decrease in supply and an increase in demand causes prices to . . .
fluctuate
increase
become elastic
decrease
6
Speaker of the House Clay supported Adams for President. In return was named Secretary of State
Raw Deal
Rip Off
Clay Controversy
Corrupt Bargain
7
What did President Jackson do that caused the Panic of 1837.
He vetoed the charter of the 2nd National Bank.
He declared war against the Creek Indians.
He vetoed the State Bank Bill creating state banks.
He signed the charter of the 2nd National Bank.
8
Rising prices and the falling value of money is called . . .
unemployment
fluctuation
elasticity
inflation
9
Why was the Election of 1824 considered the first modern election?
The popular vote became important along with electoral vote.
candidates campaigned for the job of President.
More people could vote than ever before.
All of the above.
10
What was the "Spoils System?"
System where politicians repeatedly "spoiled" their children
A political system that corrupted or "spoiled" politicians.
Rewarding supporters with political offices.
The winner of an election won great wealth. Won the "spoils"
11
What did Jackson do that no other President has ever done?
He paid off the national debt.
He was impeached by the House of Representatives.
He declared war against the British.
He waged war against the Indians.
12
Help us determine the health or sickness of the economy.
macroeconomics
microeconomics
economic indicators
economic questions
13
Based on the philosophy of reallocation of wealth.
socialism
feudalism
capitalism
mercantilism
14
Total market value of all goods/ services produced annually in a country. (Within the borders.)
entrepreneur
gross national product (GNP)
elasticity
gross domestic product (GDP)
15
Total market value of goods and services produced by US citizens no matter where they live.
economic indicators
gross domestic product
gross national product
elasticity
16
When a surplus occurs and demand decreases, prices . . .
fluctuate
become elastic
increase
drop
17
Worcester v. Georgia pitted ________ against one another.
Executive v. Judicial
All of the above.
Georgia and the Cherokee Indians
state v. Federal Government
18
Private ownership, free market, and private investment are all characteristics of . . .
communism
free enterprise
mercantilism
socialism

Unit IV Objective 3 and 4 Flashcards | StudBud