The US Story
Trending Questions
The native population of the Americas dropped from almost 57 million to 5 million. What was the single most important reason for this?
None of these
Starvation caused by the influx of western settlers
Wars and conflicts with the western settlers
Epidemics like small pox, measles etc. which came from Europe
What were the geographical advantages which benefitted USA in its early stages?
Location which was sufficiently close to UK for maritime trade
Vast land and resources
Relative isolation and hence security from external invasion
All of these
The US standard model of development emphasized which of the following?
Increased imports
Development and spreading of religion
Mass education
Protective tariffs
Why did US adopt the UK's technology readily?
USA faced a lack of capital
Wages for labour were much lower in US compared to the UK
The US was forced to adopt the technology by the UK
Wages in the US were high and comparable to that of the UK.
The establishment of the US Federal Reserve is an example of which of the following aspects of the standard model?
Protectionism
Creation of national markets
Adoption of technology
Creation of national bank
What was the early socio-political advantages of the US settlers?
Strong trade relations with the Britain
A focus on education
All of these
The European settlers brought over cultural and institutional features like democracy.
The wages for labour were high in the US because of the ________.
Large availability of land
Highly educated population
Largely indigenous population
None of these
The British settlers in the US were dissatisfied with the British government of the colony. Why?
A large number of taxes were imposed on the colony by the British crown
The US settlers had no representation in the parliament which made important policy decisions for the US
The British governemnt went to war with the US
US settlers were not recognized as equal citizens by the British crown
Which of the following play a part in creating a strong national market?
Abolishing internal tariffs
Protective tariffs
Better transportation
Better healthcare facilities
Ensuring capital investment and a supply of credit for the many investment opportunities was important for the economic growth of the US.