In Which of the Following Ways Did the 1820 Presidential

question 10

Multiple Choice

In which of the following ways did the 1820 presidential election mark a political turning point?

• A) Monroe became the first president to lose an election for a second term, highlighting the damaging flaws of his first term.
• B) It was the first United States election in which the vote for the presidency proved a tie and was left up to the House of Representatives.
• C) A powerful third party rose to prominence, making the United States a three-party political system for the next decade.
• D) The Democratic Republicans had little to no support and were the first party to navigate making a successful comeback in 1824.
• E) The Federalist party virtually disappeared as a result of its refusal to support the War of 1812, and Monroe was reelected without opposition.

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Definitions:

Ending Inventory

This is the total value of all inventory still available for sale at the end of an accounting period.

Periodic Inventory System

An inventory accounting method where inventory levels and cost of goods sold are determined at the end of an accounting period.

Beginning Inventory

The value of all inventory that a company has in stock at the start of an accounting period.

Ending Inventory

The final value of goods available for sale at the end of an accounting period, calculated before the new accounting period begins.