Under the Articles of Confederation, the national government was unable to raise revenue because:
- The federal government was not given the power to regulate trade.
- The federal government needed approval of the states to collect taxes.
- The state and national currencies competed with each other.
<h3>What is the Articles of Confederation?</h3>
The Articles of Confederation are the first written documents that were regarded as the constitution of the United States of America, which was agreed upon by the thirteen (13) original states.
In this context, we can infer and logically deduce that the federal government of the United States of America wasn't authorized to regulate trade and it needed an approval from the states to collect taxes.
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<u>Complete Question:</u>
Under the Articles of Confederation, why was the national government unable to raise revenue? Check all that apply.
-1 The national government was not given the power to regulate trade.
-2 The national government needed approval from the states to collect taxes.
-3 The states voted to allow the national bank to go bankrupt.
-4 The state and national currencies competed with each other.
-5 The national government could not create national money.