Explain How America's Political Parties Realigned Between the Late 1840s

question 46

Essay

Explain how America's political parties realigned between the late 1840s and mid-1850s.What were the most important issues behind this realignment?

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Definitions:

Cash Received

The total amount of cash received by a company during a specific period from all its activities, including operations, investments, and financing.

Direct Method

In accounting, the direct method is a way of reporting cash flows from operating activities by listing major categories of gross cash receipts and payments.

Income Taxes Payable

The amount of federal, state, or local taxes that a company is obligated to pay to the tax authorities, based on its earnings, within the current accounting period.

Income Tax Expense

The cost incurred by businesses or individuals due to income taxes.