Which of the following statements characterizes federal land price policies in the Northwest Territory during 1790-1820?
A) The Federalist administrations dropped the minimum price per acre in order to encourage speculators to purchase larger tracts of land.
B) Jeffersonian Republicans raised the price to $2 per acre and the minimum purchase requirement to 320 acres.
C) Jeffersonian Republicans passed laws that made it easier for farm families to buy land.
D) Jeffersonian Republicans doubled the price per acre to discourage speculators from buying up most of the federal land.
Correct Answer:
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