He was sure of the constitutionality of a president purchasing a territory
One economic problem was that businesses were not as healthy. People started losing money because they had numerous investors and they couldn't find a way to pay them back because they couldn't earn as much as they received in investments which caused investors to lose money in reality which harmed the businesses.
Another is that the consumers were indebted more than it was normal. People were spending more and more money and they in reality didn't have this money earned so the debt started increasing dramatically and when they couldn't pay back the debts the bubble burst and an economic crisis was introduced.
John Locke (1632-1704)John Locke was English philosopher who formulated one of the most influential theories of contractual government. He theorized that individuals granted political rights to their rulers but retained personal right to life, liberty and property and that any ruler that violated those rights was subject to disposition. In effect, Locke's political thought relocated sovereignty, removing it from rulers as divine agents and vesting it in the people of a society.Louis XVI (reigned 1774-1793)King Louis XVI was the king of France. He was able to raise more revenue from the overburdened peasantry, so he sought to increase taxes on the French nobility, which had long been exempt from many levies. In May 1789, he called the Estates General into session at the royal palace of Versailles in hopes that it would authorize new taxes. After revolution was declared, he became a victim of the guillotine along with his wife, Queen Marie Antoinette after being found guilty of treason.Maximilien Robespierre (1758-1794)Maximilien Robespierre was a lawyer by training who had emerged during the revolution as a ruthless but popular, radical known as "the Incorruptible". He dominated the Committee of Public Safety, the executive authority of the Republic. He helped to promote the revolutionary agenda.
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The answer is <span>Confederacy</span>
