Examlex
Which of the following is an example of a confederal system?
New England Merchant
Refers to businessmen in the early American colonial period based in the New England region who were involved in trade and commerce, often engaged in shipping goods across the Atlantic.
Urban Artisan
A skilled worker or craftsman who lives and works in an urban area, often producing handmade goods or providing specialized services.
Assumption of State Debts
A financial policy where the federal government assumes the debts incurred by the states, often to standardize and stabilize the national economy.
Public Securities
Financial instruments issued by governments, such as bonds or treasury bills, to raise funds for public projects or operations.
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