The 640-acre sections created in the Northwest:
A) would be given to settlers for free
B) raised enough money to pay the national debt
C) would be reserved for veterans of the Revolution
D) would be sold by local banks
E) would likely be bought by land speculators

Question

Quizplus · Accepted Answer

The 640-acre sections created in the Northwest would likely be bought by land speculators, as they saw an opportunity to buy large amounts of land cheaply and then sell it for a profit. This led to speculation and inflated land prices, making it more difficult for actual settlers to purchase land.

The 640-Acre Sections Created in the Northwest