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1. Establishes the first form of national government for the independent states 2. Maintained that major powers resided with individual states 3. Created weak central government; led to writing the Constitution of the United States of America
"Economy is the parent of integrity, of liberty, and of ease, and the beauteous sister of temperance, of cheerfulness, and health." by promoting ideals like equality while actually aiming for government control and undermining personal freedom.
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Name: Score: 29 Multiple choice questions. Definition. An economic system in which there is a private ownership of natural sources and capital goods. Mixed Economy. Scientific Socialism Or Communism. Capitalism/Free Enterprise. Command Economy. 1 of 29. Definition. In the late 19th century, liberalism developed into neoclassical liberalism.
When national debt is increased and no effort is executed to stop its climb, inflation is increased. Then, as a result of this inflation, this debt is payed for in taxpayer dollars. Inflation is the worst form of taxation because it affects the people least able to pay. (176)
3 of 5. Definition. Liberty Expansion: Process by which people, investments, goods, information, and culture increasingly flow across national borders. Manufacturers and investors accelerated their search for economic opportunities outside of the U.S. Led to NAFTA. Spread of market capitalism.
2. if pres continues to refuse to sign allocation bills the fed gov must shut down as no funding can be channeled to programs. Study with Quizlet and memorize flashcards containing terms like Public Policy Definition:, Policy making is fragmented, so many people/agencies/depts involved, The goals of economic policy and more.
