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15 May, 04:30

What was the Specie Circular?

(A) A state institution chosen to hold funds from the national bank

(B) An executive order requiring that government land be paid for in

gold or silver

(C) A railroad scandal that used stocks to bribe elected offi cials

(D) A bill that authorized the use of military force to uphold federal law

(E) The basing of currency on both a gold and a silver standard

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  1. 15 May, 04:46
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    The Specie Circular was " (B) An executive order requiring that government land be paid for in gold or silver," since this took place in 1836, when high levels of land speculation was was using only "soft currency", which led to volatile markets.
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