The Effects of The American Civil War Research Paper

The Effects of The American Civil War - Research Paper Example For four consecutive years, the confederate soldiers fought and battled with the union soldiers. The war that is regarded as the bloodiest war in the history of America cannot be swept under the carpet. The depth of loss was felt by both these two sides. The loss of lives and the destroyed infrastructure took the United States several steps back. The immense and sheer number of deaths and tragedy that was brought by the civil war remains as a constant reminder to the American people as a profound insight of the past that they have seen. The economic, psychological and social impacts of the war went on to redefine what the future of the American people.Proclaiming the freedom of slaves and creating national unity was the hardest role that the American government had to play after the recovery from war. A more detailed analysis of the American civil war points to the start of the war being at the 1860 presidential election. The republicans who were led by Abraham Lincoln were not for t he idea of expansion of slavery into the United States territories. After the republicans won and their anti-slavery campaign looked as though it would be successful, seven slave states that were being run of cotton based economies came together right before the inauguration of the president and formed a confederacy that would fight against the anti- slavery campaign. The confederacy was mainly against the idea of the fact that their source of labor for their cotton plantations would have to be paid for (Parish, p. 103).

Subtle Issues in Revenue Recognition Essay Example | Topics and Well Written Essays - 1500 words - 1

Subtle Issues in Revenue Recognition - Essay Example This is not to say that management should ignore social responsibility such as protecting consumers, paying fair wages, maintaining fair hiring practices and safe working conditions, supporting education and becoming actively involved in environmental issues. Stakeholders other than stockholders can no longer be enrolled. These stakeholders include creditors, employees, customers, suppliers, communities in which a company operates and others. The impact of decisions must be recognized. The Enron controversy resulted to different political and economic changes which affected both government and private agencies. Enron has developed into becoming a part of America’s top ten companies in the span of nearly two decades. Their sudden rise to power seemed impossible to many industries in the financial world. However, the scam which brought upon Enron success was discovered. Deception was the name of the game for Enron. They concealed their controversial and suspicious dealings and transaction with their growing debt so that they appear debt-free and admirable to stockholders and the public. At last, every lie and cover up was made known to many when the company suddenly and unexpectedly filed for Chapter 11 Bankruptcy. That was their last resort. Not even company partnerships and affiliations could save the money and the glory of Enron. When the news of bankruptcy of Enron was revealed, the reasons behind Enron’s downfall remained unclear and uncertain. There were mixed reactions among businessmen, politicians, stockholders, and others. Most of them were enraged while some felt concerned. There were those who were not surprised that the discrepancies with the financial statements could actually happen. It was as if it was the common habit among those who wish to decrease their debt. Questions such as the reason behind the downfall as well as the possible ways and means for preventing bankruptcy rose among the interested public.