Since 1968 the American Political Scene Has Witnessed a Slow

question 65

Multiple Choice

Since 1968 the American political scene has witnessed a slow but steady shift in political party affiliation, especially in the South. What is occurring?

• A) The historically solid Democratic stronghold in the South has reverted to a strong Republican territory.
• B) A strong third party has emerged.
• C) States' Rights party of Strom Thurmond has been instrumental in cementing the Democratic stronghold in the South.
• D) Northern Republicans are migrating to the South but the native population in the southern states remains committed to the Democratic Party.
• E) The Democratic Party in the South has lost much support but that loss has been seen mostly across racial lines.

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Definitions:

Posted Correctly

The action of accurately recording transactions in the appropriate accounts in an accounting system.

Ledger

A book or digital record in which a company maintains its accounts, tracking all financial transactions systematically.

Financial Statements

Financial statements are formal records of the financial activities and position of a business, person, or entity, providing key information on its financial health.

Post. Ref. Column

Short for Posting Reference Column, it's used in journal entries to indicate where data is transferred in the ledger.