Question
Drag and drop each description to complete the diagram concerning the state of the US economy under the Articles of Confederation and the US Constitution. Note that not all options will be used.
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GPT-4o mini
I can help guide you on how to organize the information regarding the state of the US economy under the Articles of Confederation and the US Constitution. Below is a description for each period:
### Under the Articles of Confederation:
- **Weak Central Government**: The central government had limited power to regulate commerce and impose taxes, leading to economic instability.
- **State Sovereignty**: Each state acted independently, creating trade barriers and inconsistent currencies, which hindered economic growth.
- **Inflation and Debt**: The government struggled with debt from the Revolutionary War and had no authority to tax, leading to inflation and financial chaos.
### Under the US Constitution:
- **Strong Central Government**: The Constitution established a stronger federal government with the power to regulate interstate and international commerce, as well as impose taxes.
- **Economic Stability**: The ability to tax and create a uniform currency helped stabilize the economy and fostered growth.
- **Promotion of Trade**: The federal government could regulate trade between states and with foreign nations, leading to expanded markets and economic opportunities.
### Diagram Structure:
- **Title**: State of the US Economy
- **Left Side**: Articles of Confederation
- Weak Central Government
- State Sovereignty
- Inflation and Debt
- **Right Side**: US Constitution
- Strong Central Government
- Economic Stability
- Promotion of Trade
Feel free to arrange or add any further details as needed for your diagram!
### Under the Articles of Confederation:
- **Weak Central Government**: The central government had limited power to regulate commerce and impose taxes, leading to economic instability.
- **State Sovereignty**: Each state acted independently, creating trade barriers and inconsistent currencies, which hindered economic growth.
- **Inflation and Debt**: The government struggled with debt from the Revolutionary War and had no authority to tax, leading to inflation and financial chaos.
### Under the US Constitution:
- **Strong Central Government**: The Constitution established a stronger federal government with the power to regulate interstate and international commerce, as well as impose taxes.
- **Economic Stability**: The ability to tax and create a uniform currency helped stabilize the economy and fostered growth.
- **Promotion of Trade**: The federal government could regulate trade between states and with foreign nations, leading to expanded markets and economic opportunities.
### Diagram Structure:
- **Title**: State of the US Economy
- **Left Side**: Articles of Confederation
- Weak Central Government
- State Sovereignty
- Inflation and Debt
- **Right Side**: US Constitution
- Strong Central Government
- Economic Stability
- Promotion of Trade
Feel free to arrange or add any further details as needed for your diagram!
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