One Historian Claims That in the Gilded Age, "Democrats Were

question 62

Essay

One historian claims that in the Gilded Age, "Democrats were separated from Republicans more by accident of national origin, geography, history, and emotion than by economic issues." Elaborate.

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Definitions:

Variable Costs

Costs that change in proportion to the level of goods or services produced by a business.

Expenses

Outflows or using up of assets as part of operations of a business to generate revenue.

Contribution Margin

The difference between sales revenue and variable costs of a product or service, indicating how much revenue contributes toward covering fixed costs and generating profit.

Sales

The total revenue generated from selling goods or services over a specific period of time.