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Today Many Americans Would Regard the Idea of a Divinely

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Essay

Today many Americans would regard the idea of a divinely ordained "manifest destiny" to expand across North America as presumptuous or dangerous.Why was the American outlook so different in the 1840s? How did Americans reconcile such aggressive expansion with their belief in democracy and liberty?


Definitions:

Sales Returns and Allowances

Reductions in sales revenue for returned goods or for allowances given to customers for defective or unsatisfactory merchandise.

Gross Profit

The difference between the revenue a company earns from selling goods or services and the cost of goods sold.

Financial Statements

Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and statement of cash flows.

Cash Discount

A deduction from the stated price of goods or services offered to buyers as an incentive for early payment.

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