CLEP US History I

Category - Economy

The Market Revolution was supported by laws overtly favoring which of the following?
  1. Native citizens
  2. Shipping
  3. Single-family farms
  4. Corporations
  5. Plantations
Explanation
Answer: D - The rise of business during the Market Revolution favored and strengthened the laws regarding corporations. In 1819, corporations became distinct entities from the individuals managing them, marking the first step toward corporate "personhood." As corporations moved away from government charters and became independent entities, the government had to further refine their function and privileges. In the name of helping American businesses grow, these refinements generally supported the corporation over the individual.
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