Analyze the Consequences of American Rule in Puerto Rico, Cuba

question 84

Essay

Analyze the consequences of American rule in Puerto Rico, Cuba, and the Philippines. Did the citizens prosper? Enjoy freedom? Accept American rule? Comment on the consequences for the United States with regard to the statement made by Eric Foner in the text: "Thus, two principles central to American freedom since the War of Independence-no taxation without representation and government based on the consent of the governed-were abandoned when it came to the nation's new possessions."

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Definitions:

Stockholders' Equity

The residual interest in the assets of the entity after deducting liabilities, representing ownership equity spread among shareholders.

Donated Land

Land that has been given to an organization as a gift, usually recognized at its fair market value on the date of donation.

Deferred Compensation

A portion of an employee's compensation that is set aside to be paid out at a later date, often used as a retirement benefit.

Treasury Stock

Shares of a company’s own stock that it has reacquired from shareholders but not retired, listed as a contra equity account on the balance sheet.