Economic Policies in 19th Century America Quiz

Test your knowledge on protective tariffs, Manifest Destiny, and key figures shaping economic history in 1800s America. Explore policies from banking to reconstruction.

#1

Which economic policy aimed to protect domestic industries from foreign competition in 19th century America?

Free trade policy
Monetary policy
Protectionist policy
Fiscal policy
#2

Who was the President associated with the economic policy of 'Manifest Destiny'?

Abraham Lincoln
Thomas Jefferson
Andrew Jackson
James K. Polk
#3

Which economic doctrine, advocated by Alexander Hamilton, supported the establishment of a national bank and tariffs to encourage industrial development?

Laissez-faire economics
Classical economics
Mercantilism
Protectionism
#4

Which act, passed in 1862, provided federal land grants to encourage the construction of a transcontinental railroad?

Homestead Act
Morrill Land-Grant Act
Pacific Railway Acts
Sherman Antitrust Act
#5

Which economic policy, advocated by Andrew Jackson, aimed to dismantle the Second Bank of the United States and promote state-chartered banks?

Protectionism
Laissez-faire economics
Free trade policy
Bank War
#6

Who authored the influential book 'The Wealth of Nations', which laid the foundation for classical economics and advocated for free-market capitalism?

Adam Smith
Karl Marx
John Maynard Keynes
David Ricardo
#7

Who is known as the 'Father of American Banking' and played a significant role in the establishment of the First Bank of the United States?

Andrew Jackson
Thomas Jefferson
Alexander Hamilton
James Madison
#8

Who was the President associated with the policy of 'Indian Removal', which had significant economic implications by opening up vast lands for white settlement?

James Madison
John Quincy Adams
Andrew Jackson
Martin Van Buren
#9

Which economic policy, enacted during the Reconstruction era, aimed to provide land to former slaves and poor whites, but faced challenges due to lack of implementation?

Reconstruction Acts
Sharecropping system
Freedmen's Bureau
Jim Crow laws
#10

Who was the chief architect of the Federal Reserve Act of 1913, which established the Federal Reserve System in response to banking crises?

Woodrow Wilson
Theodore Roosevelt
William Howard Taft
Andrew Mellon
#11

Which economic theory, promoted by Henry George, proposed a single tax on land values as a solution to inequality and economic instability?

Georgism
Socialism
Capitalism
Communism

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