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Lincoln's Initial Declaration That the North Fought Only to Preserve

question 54

Multiple Choice

Lincoln's initial declaration that the North fought only to preserve the Union and not to abolish slavery


Definitions:

Tax Liability

The total amount of tax that an individual or entity is legally obligated to pay to a taxing authority.

Regressive

Pertains to a situation or policy that has a disproportionately greater impact on those with lower income or status.

Excise Tax

A tax imposed on the sale or manufacture of specific goods, such as alcohol and tobacco, within a country.

Elasticity

A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in price.

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