How Did the Emancipation Proclamation Change How Each Side Viewed

question 41

Multiple Choice

How did the Emancipation Proclamation change how each side viewed the war?

• A) It made the South realize that slavery was not a sustainable system.
• B) It allowed both sides to focus exclusively on fighting.
• C) It made the South realize that it should re-enter the United States and fight for slavery in Congress.
• D) It committed the North to abolishing slavery as a major aim of the war.
• E) It made the South realize that secession had not been necessary.

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Definitions:

Variable Costs

Costs that change in direct proportion to changes in the level of production or sales activity, such as raw materials and labor.

Full Cost Pricing

A pricing strategy where the price of a product is determined by adding a markup to its total production costs, including both direct and indirect costs.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price.

Cost Behaviour

The way in which a cost reacts or changes when there is a change in the level of business activity.