Asked by Erick Flores on Apr 29, 2024
Verified
Which of the following led directly to the creation of the Republican Party in the 1790s?
A) the creation of the Bank of the United States
B) speculators profiting from the sales of government bonds
C) Shays's Rebellion
D) the Virginia and Kentucky resolutions
E) Jay's Treaty
Republican Party
An alternative name for Republicans, emphasizing its role as one of the two major political parties in the United States, also known as the GOP (Grand Old Party).
Jay's Treaty
A 1794 agreement between the United States and Great Britain that sought to resolve outstanding issues from the Treaty of Paris (1783) and facilitated ten years of peaceful trade between the two nations.
Bank of the United States
A central bank chartered by the United States Congress at two different periods, the first from 1791 to 1811 and the second from 1816 to 1836, to handle the government's transactions.
- Comprehend the origins and political ideologies of the Republican Party in the 1790s.
Verified Answer
HS
Hamudi SeifeddineMay 02, 2024
Final Answer :
E
Explanation :
The Republican Party in the 1790s, also known as the Democratic-Republican Party, was formed in direct response to policies of the Federalist Party, including those related to foreign policy such as Jay's Treaty with Britain. Jay's Treaty was seen by many as too conciliatory to Britain and sparked significant opposition, leading figures like Thomas Jefferson and James Madison to rally against it and the Federalist agenda, thus contributing to the formation of the Republican Party.
Learning Objectives
- Comprehend the origins and political ideologies of the Republican Party in the 1790s.