What Was the Key Difference Between the Lincoln and Johnson

question 17

Multiple Choice

What was the key difference between the Lincoln and Johnson plans for reconstruction?

• A) Unlike Lincoln's plan, Johnson's plan barred from political participation any ex-Confederate with taxable property worth $20,000 or more.
• B) Unlike Lincoln's plan, Johnson's plan excluded freedmen from participating in the new reconstruction governments.
• C) Unlike Lincoln's plan, Johnson's plan required that southerners take oaths of allegiance to the United States.
• D) Unlike Lincoln's plan, Johnson's plan was designed to bring the southern states back into the Union as quickly as possible.
• E) Unlike Lincoln's plan, Johnson's plan prohibited former Confederate military officers from serving in the U.S. military.

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Definitions:

Retained Earnings

Retained earnings refer to the cumulative amount of net income a company retains, rather than distributing it to shareholders as dividends.

Net Income

The remainder of a company's total revenue after deducting taxes, expenses, and any other costs.

Shareholders' Equity

The portion of the company's assets that belongs to the shareholders after all liabilities have been subtracted.

Dividends in Arrears

Unpaid dividends of cumulative preferred stock for the designated period.