Andrew Jackson's Contribution to the Development of Political Parties Was

question 42

Multiple Choice

Andrew Jackson's contribution to the development of political parties was the

• A)forging of a coalition of Democrats and Whigs.
• B)introduction of primary elections.
• C)formation of a new type of grassroots party organization.
• D)formation of the Federalist Party.
• E)formation of the Republican Party.

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Definitions:

Equity Method

An accounting technique used for recording investments in associate companies where the investor has significant influence over the investee.

Carrying Value

The book value of an asset on a company's balance sheet, derived from its original cost minus accumulated depreciation or amortization.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.

Cost Method

An accounting method used to value inventory or investments at their original cost, without considering market value changes.