What was the pendleton civil service act? . what led to its passage?

The Pendleton (investment) Civil Service Reform Act (ch. 27, 22 Stat. 403) of 1883 United States federal law established the United States Civil Service Commission, which placed most federal government employees on the merit system and marked the end of the so-called spoils system. The act provided for some government jobs to be filled on the basis of competitive exams.

in 1803 the louisiana purchase took place, doubling the size of the country. by 1840 almost 7 million americans had migrated westward in hopes of securing land and being prosperous. the belief that settlers were destined to expand to the west is often referred to as manifest destiny.

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he risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

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