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The Reconstruction program collapsed in the 1870s primarily as a result of
Long-term Debt
Loans or financial obligations that are due for repayment beyond the next 12 months or the current business cycle.
FICA Taxes
Taxes designed to provide workers with supplemental retirement, employment disability, and medical benefits.
Employee Earnings
The total amount of money paid to an employee by an employer, including wages, salaries, bonuses, and commissions.
Compensation
Payment or benefits provided to employees in exchange for their work or services.
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