Why Did the New Government Formed Under the Constitution Move

question 118

Multiple Choice

Why did the new government formed under the Constitution move quickly to pass the Bill of Rights?

• A) The newly elected President Washington began to show dictatorial tendencies.
• B) Congress was worried that a French-style reign of terror might occur in America.
• C) Many states had ratified the Constitution with the understanding that it would soon be amended to include guarantees of individual rights.
• D) Western expansion required a firmer statement of individual rights in federal territories.
• E) Congress wanted to amend the Constitution quickly to show that it was not meant to be unchangeable.

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Definitions:

Elastic

In economics, the term "elastic" refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price. High elasticity means the quantity demanded or supplied changes significantly with price changes.

Imperfectly Competitive Market

A market structure where individual firms have some control over the price of their products due to factors like product differentiation or few competitors.

Purely Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and homogeneous products.

Units of Labor

A measurement in economics indicating the quantifiable effort or work provided by labor forces, often used to determine productivity or cost in production processes.