Quantitative evidence on federal land policy has led current economic historians to conclude that
A) the policy was inefficient and reduced total output.
B) the policy was largely inefficient, with evidence of increased output only found on large farms.
C) the Homestead Act allowed western farmers to enjoy rising agricultural prices for most of the post-bellum period.
D) average rates of return on western agricultural investments were comparable to those in manufacturing.
Correct Answer:
Verified
Q11: Which of the following statements correctly characterizes
Q12: In the early 1900s, the Homestead Act
A)
Q13: Under the Dawes Act of 1887,
A) nearly
Q14: Recent research by Olmstead and Rhode (2002)
Q15: Cyrus McCormick is best known for
A) manufacturing
Q17: Between 1875 and 1895,
A) wholesale farm prices
Q18: Which of the following statements correctly characterizes
Q19: The federal goal of making land widely
Q20: The Homestead Act was passed in 1862.
Q21: The first farm organization of importance was
A)
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