The Chief Goal of the Drafters of the Articles of Confederation

question 39

Multiple Choice

The chief goal of the drafters of the Articles of Confederation was to​

• A)protect states' rights.
• B)​​create a strong central authority to protect the states from foreign invasion.
• C)​reduce the power of the executive, who had come to be seen as too much like a monarch.
• D)​ensure that the judiciary had the ability to decide which laws were constitutional.
• E)​create a system in which states would be represented on the basis of their population.

---

Definitions:

Inelastic Demand

A scenario in which the demand for a product or service shows minimal fluctuation in response to price alterations.

Four-Firm Concentration

The Four-Firm Concentration ratio measures the market share of the four largest firms within an industry, indicating the level of market concentration and competitive landscape.

Pure Competition

A market structure characterized by a large number of sellers offering identical products with no single seller able to influence the market price.

Oligopoly

A market structure characterized by a small number of firms controlling a large market share, leading to limited competition.