Examlex
Changes that affect comparability but that do not involve a change in accounting principle or the correction of a misstatement are normally disclosed in the footnotes but do not require an explanatory paragraph in the audit report.
Radical Republicans
A faction within the Republican Party after the Civil War that advocated for strict Reconstruction policies, civil rights for freed slaves, and punitive measures against the Southern states.
Ku Klux Klan
A white supremacist group formed in the United States during the Reconstruction era, known for promoting racism, anti-Semitism, and violence against ethnic and religious minorities.
Panic of 1873
A financial crisis that triggered a severe international economic depression in both Europe and the United States, lasting until 1879.
Easy-Money Policies
Monetary policies intended to stimulate the economy by increasing the money supply and reducing interest rates to encourage borrowing and spending.
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