<span>One of the most significant impacts of U.S. foreign economic policy during the later 1920s (especially in 1929) was that the Great Depression worsened, since the US withdrew from international markets, which greatly reduced the GDP of many European countries.</span>
Karl Marx
Adam Smith
Thomas Malthus
- Part of the US Constitution that covers the process for ratification of the Constitution — Article VII
Article Seven describes how U.S. states may ratify the Constitution, including how many (nine) must ratify it to make it valid.
- System where government power is divided between national and state (local) governments — Federal system
The United States functions according to a system of governance called federalism, which means that the White House (national government) shares power with smaller units like state, district, and municipal governments. States actually have their own Constitutions, which tend to be more specific than the national one. While Washington controls foreign, defense, and monetary policy (among others) over the whole country, it delegates to state & local governments everything which has to do with police departments, schools, driver’s licenses, and parking tickets for example.
- People that were against the ratification of the Constitution. They felt the national government had too much authority and that it would come to abuse its power. They also disliked the fact there was no Bill of Rights to state the rights that citizens had and to work to protect those rights. — Antifederalists
Antifederalists preferred the previous 1777 document serving as a constitution, the Articles of Confederation and Perpetual Union, because it gave state governments more power. A leading Antifederalist figure among the Founding Fathers was Patrick Henry.
- The Federalists agreed to add a Bill of Rights to the Constitution, during the first session of the Congress for the new Constitution. They asked that they ratify now and amend the Constitution later. They agreed to the compromise and ratified. — Massachusetts Compromise
The Massachusetts Compromise is important because it guarantees that amendments may be added to the Constitution.
- People that were supporters or “For” the ratification of the Constitution to replace the Articles of Confederation — Federalists
Federalists also existed as early as the United States' creation by the Founding Fathers. A prominent example is John Adams, second president of the U.S. They however lost influence at the turn of the 19th century with the election of Thomas Jefferson.
The rewritten Japanese constitution after World War II guaranteed "personal freedoms" for the Japanese, since the Allies did not want to create another environment in which the Japanese became aggressive.
