MAKING OF A NEW NATION 1776 1800
THE ARTICLES OF CONFEDERATION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Issue currency
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ask the bank for money
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regulate trade
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make their own money
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Detailed explanation-1: -Under the Articles of Confederation, Congress lacked the authority to regulate commerce, making it unable to protect or standardize trade between foreign nations and the various states.
Detailed explanation-2: -Article I, Section 8, Clause 1: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; . . .
Detailed explanation-3: -Under the Articles, the states, not Congress, had the power to tax. Congress could raise money only by asking the states for funds, borrowing from foreign governments, or selling western lands. In addition, Congress could not draft soldiers or regulate trade. There was no provision for national courts.
Detailed explanation-4: -Congress was unable to impose taxes; it could only borrow money on credit. No national court system was established to protect the rights of U.S. citizens. No executive branch was established to enforce laws. Amendments could be added only with the approval of all 13 states.
Detailed explanation-5: -To avoid any perception of “taxation without representation, ” the Articles of Confederation allowed only state governments to levy taxes.