The Main Reaction to the Failure of the Articles of Confederation

question 85

Multiple Choice

The main reaction to the failure of the Articles of Confederation was to:

• A) focus on resolving debates between the state governments.
• B) rein in the power of the national government.
• C) encourage stronger state governments.
• D) make the national government stronger.
• E) eliminate the state governments.

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Definitions:

Marginal Cost

The hike in production costs when an additional unit of a good or service is manufactured.

Market Price

The existing selling or buying price for a service or asset in a particular trading environment.

Economic Profit

The total revenue of a business minus its total costs, including both explicit and implicit costs.