The Bill of Rights Was Passed Because of Concern Over

question 94

True/False

The Bill of Rights was passed because of concern over the power given to a central government, at the expense of the individual citizen, by the Constitution.

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Definitions:

Opportunity Cost

Opportunity cost is the value of the next best alternative foregone as a result of making a decision, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Allocatively Efficient

Allocatively Efficient means an economic state where resources are allocated in a way that maximizes the overall benefit to society, with goods and services distributed according to consumer preferences.

All Other Things Equal

A phrase used in economics, indicating that all other variables are held constant except the variables being studied.

Relevant Factors

Factors that significantly impact the analysis or outcome of a particular situation or model.