-What Was the Major Reason Why James Madison Shifted His

question 41

Multiple Choice

-What was the major reason why James Madison shifted his views on the need for a Bill of Rights in the Constitution?

• A) He wanted to eliminate lingering Anti-Federalist suspicion of the new federal government.
• B) He did not want Congress to give itself salaries while they were still in session.
• C) Jefferson convinced him that including this list would guarantee safeguards for the people.
• D) He wanted to further restrict the powers of the new central government.

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Definitions:

Price Floor

A minimum price, set by law or regulation, that must be paid for a good or service; often implemented to protect producers.

Price Support

Government interventions in the market to maintain the price of a commodity at a certain level.

Demand Curve

A chart that illustrates the link between a product's price and the amount of the product that buyers are prepared and capable of buying at different price levels.

Government Purchase

The buying of goods and services by government agencies, contributing to public sector spending.