For James Madison, the Notion That Government Is Necessary Depended

question 45

Multiple Choice

For James Madison, the notion that government is necessary depended strongly on:

• A) his belief that people are self-interested and could not be trusted to rule themselves.
• B) his belief that direct democracy was the only legitimate way to make collective decisions.
• C) his desire to see the United States serve as a functioning colony of Great Britain.
• D) his view that people were willing to sacrifice freedoms to make democracy work.
• E) his belief that factions could only be eliminated through force.

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Definitions:

Cash Flows

The aggregate sum of cash entering and leaving a business, critically impacting its financial fluidity.

Financing Activities

Transactions and events that affect a company's long-term liabilities and equity, including issuing debt, repaying loans, and distributing dividends, as reported in the cash flow statement.

Investing Activities

Transactions that pertain to the acquisition and disposal of long-term assets and investments not included in cash equivalents.

Cash Flow Statement

A financial document summarizing the total cash received from a company's operational activities and external financial sources, alongside all expenditures on business operations and investments over a specific timeframe.