1/ Correct B, It caused widespread panic and started a depression.
Explanation:
Incorrect A, the Specie Circular accrued in 1836, so how could it cause something that accrued in the past?
Incorrect C, the Specie Circular increased the use of silver and gold, and decreased the use of paper money.
Incorrect D, again the election of John Quincy Adams in 1828 was before the 1836 Specie Circular, so how could it had caused people to vote against him?
2/ Answer: B, Higher prices for consumers
Tariffs force imports to be taxed so the companies or entities being taxed will most likely make up for loss through taxes by raising the price of the goods being taxed.
3/ Answer: A, Eli Whitney
In 1798, Eli Whitney began using the process of interchangeable parts. This process involves large quantities of uniform pieces.
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