Discuss the Impact That the American Revolution Had on American

question 55

Essay

Discuss the impact that the American Revolution had on American social structure. In what ways did "the Revolutionary era set in motion significant social changes"? How did the war democratize the political assumptions of Americans?

---

Definitions:

Financial Statements

These are formal records of the financial activities and position of a business, person, or other entity, presenting the results of operations and financial condition.

Journal Entry

A record in the books of accounts that documents a business transaction.

Acquisition

The process of obtaining control of another company either through purchase or merger.

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet.