Question

Once more under the pressure of economic necessity, practice outstripped theory.

A) True
B) False

Answer 1

Jefferson's use of economic pressure was not entirely successful; it's false. The Panic of 1819 diminished faith in the Second Bank, also false. However, the market revolution indeed brought significant changes, which is true.

Step-by-step explanation:

The statement regarding Jefferson's efforts to use economic pressure to resolve tensions with Britain and France suggests a historical context, related to diplomatic history and economic policy. It is false; Jefferson's efforts, particularly the Embargo Act of 1807, were not entirely successful and were met with significant opposition and economic hardship domestically

The Panic of 1819 leading to increased faith in the Second Bank is also false. The Panic of 1819 actually undermined faith in the Second Bank due to financial instability and associated economic troubles that it failed to prevent.

Finally, the statement that the market revolution led to many social and economic changes in the United States is true. This revolution was characterized by technological advancements, increased production, and changes in labor patterns which drastically altered the American economy and society.