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Investment (macroeconomics) In macroeconomics, investment "consists of the additions to the nation's capital stock of buildings, equipment, software, and inventories during a year" [1] or, alternatively, investment spending — "spending on productive physical capital such as machinery and construction of buildings, and on changes to ...
The Constitution of the United States is the supreme law of the United States. [3] It superseded the Articles of Confederation, the nation's first constitution, on March 4, 1789. Originally including seven articles, the Constitution delineates the national frame and constrains the powers of the federal government.
The economic history of the United States is about characteristics of and important developments in the economy of the U.S., from the colonial era to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy.
Article VII of the proposed constitution stipulated that only nine of the thirteen states would have to ratify for the new government to go into effect for the participating states. By the end of July 1788, eleven states had ratified the Constitution, and soon thereafter, the process of organizing the new government began.
The new government began operation in 1789. The Constitution spoke directly to economic issues. Article 1, section 8 stated that "Congress shall have Power To Lay and collect Taxes, Duties, Imposts, and Excises"; and further gave Congress the power " [t]o regulate Commerce with foreign Nations, and among the several States."
The United States Constitution is the highest law of the United States of America. It was signed on September 17, 1787 by the Constitutional Convention in Philadelphia, Pennsylvania. Later, it was put into effect, or ratified, by representatives of the people of the first 13 states. [1] When nine of the states ratified the document, they ...
3 days ago · The Constitution was written during the summer of 1787 in Philadelphia, Pennsylvania, by 55 delegates to a Constitutional Convention that was called ostensibly to amend the Articles of Confederation (1781–89), the country’s first written constitution.
