That pretty Much started WW1. That"s a major consequence
Answer:
GAAP
Explanation:
GAAP stands for generally accepted accounting principles. The GAAP contains a set of rules and financial principles that accountants in united states must use as the standard of their financial reporting.
The European Union follow IFRS.
IFRS stands for International Financial Reporting Standards. Just like GAAP, it is also containts a set of rules and principles for financial reporting. But IFRS Is used by a lot of countries internationally.
Generally, the rules/principles written between the two is pretty much the same. But there are still a couple of differences.
For example,
GAAP require the creation of statement of comprehensive income. IFRS on the other hand , does not include this as a requirement.
The reconstruction period had generally good ideas which were exploited by bad people and who turned it all upside down. The idea of reconstruction was to integrate African-Americans into the society and protect their rights and enable them to educate themselves and become sophisticated and emancipated members of the society.
During the gilded age, the focus switched form social to economic reforms and because of this the reconstruction ended and many southern states reverted to their original racist ways. This is why it's called the gilded age, it only looked like everything was great but it was bad at its core, like gilded items which only look gold.
An advantage held by the South over the North at the start of the Civil War was B. it's soldier and generals believed they were protecting their homes and way of life. Since the South seceded from the North, all it had to do was exist to continue as an independent nation. It was up to the North to invade and restore order and thus the South was fighting a defensive war (much easier than the opposite - an offensive war).
