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What prevented planter elites from exercising complete political dominance over the Cotton South in the 1830s and 1840s?
Non-Exchange Transactions
Transactions where an entity receives value without directly giving approximately equal value in exchange, often seen in government and non-profit organizations.
Equity Ownership
Refers to the holding of stock or shares in a company, representing a claim on the company's assets and earnings.
Net Debt
A measure of a company's financial leverage calculated as total debt minus cash and cash equivalents.
Government's Ability
The capacity of a governmental entity to implement its policies and execute its programs effectively.
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