Why, Despite the Fact That the Framers Valued Liberty Above

question 81

Multiple Choice

Why, despite the fact that the framers valued liberty above democracy, and even sought to protect liberty from a presumed tyranny of the mob, did the country quickly begin democratizing after the Constitution was ratified?

• A) Because the Antifederalists sought and won the passage of a bill of rights
• B) By guaranteeing citizens liberty, the framers virtually assured that they would seek more avenues of participation.
• C) The courts' assumption of the power of judicial review eased fears of tyranny of the mob.
• D) The framers allowed for the need for change through amendments, ones that quickly expanded democracy in the young republic.

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Definitions:

Profit-Volume Chart

A graphical representation that shows the relationship between a firm's profits and its volume of sales.

Cost-Volume-Profit Chart

A graphical tool used in managerial accounting to analyze how changes in cost and volume affect a company's profit.

Contribution Margin

The gap between a product's sales revenue and its variable expenses, which serves to offset fixed costs and produce earnings.

Variable Cost

Expenses that adjust in direct correlation with changes in production or sales levels.