A centrally planned economy opposes individual choice in comparison to a market economy.
In a centrally planned economy, a government entity decides how resources within a society will be distributed. For example, in a perfect centrally planned society, all families with 4 members in the household would receive the exact same products.
However, in a market economy, individuals make decisions for themselves regarding what resources they want/need to purchase. This market economy is based more on the capital (money) that individuals possess.
It would be "Decreasing taxes and increasing spending on federal programs" that <span>contributes to a budget deficit, since this means that more revenue is "going out" than "coming in". </span>
Besides creating the judicial Branch, “The judicial power of the United States, shall be vested in one Supreme Court”, the Third article of the U.S Constitutions states in its Second Section that “The trial of all crimes, except in cases of impeachment, shall be by jury; and such trial shall be held in the state where the said crimes shall have been committed.”
So the answer to your question is:
The important right of the people that the third article speaks of is: “the trial of all crimes, except those of high treason or impeachment, shall be by jury.
