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James Madison wrote in Federalist 51,"The power surrendered by the people is first divided between two distinct governments,and then the portion allotted to each subdivided among distinct and separate departments.Hence a double security arises to the rights of the people.The different governments will control each other,at the same time that each will be controlled by itself." Which constitutional principle is best reflected by this statement?
Economic Recession
A period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters.
Civil Rights
The rights of citizens to political and social freedom and equality, often associated with movements to end discrimination and promote equal protection under the laws.
Underwood Tariff
A 1913 U.S. law that significantly lowered tariffs on imported goods for the first time since the Civil War and implemented an income tax following the ratification of the 16th Amendment.
Tariff Rates
Taxes imposed by a government on imported or exported goods.
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