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Maru [420]
3 years ago
7

What does the twelfth Amendment prevent?

History
2 answers:
statuscvo [17]3 years ago
3 0
It prevents someone who is constitutionally ineligible form being Vice-president or president. <span />
TiliK225 [7]3 years ago
3 0
The Twelfth Amendment to the United States Constitution provides the procedure for electing the President and Vice President.Problems with the original procedure arose in the elections of 1796 and 1800. The Twelfth Amendment refined the process whereby a President and a Vice President are elected by the Electoral College. The amendment was proposed by the Congress on December 9, 1803, and was ratified by the requisite three-fourths of state legislatures on June 15, 1804. It makes sure one is constitutionally eligible to be president/vice. So it prevents un-eligible people from being in office.
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Explanation:

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What happened as a result of J.P. Morgan’s work in the financial industry
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Answer:

He saved the American Economy and led to the establishment of the Federal Reserve.

Explanation:

JP Morgan was a businessman with contacts and investments in many different industries. These contacts, and his wealth, allowed him to wield huge control over the financial industry. This resulted in two big events. Firstly, there was the Gold Crisis of 1895. The US Treasury nearly ran out of gold and Morgan persuaded the president to use an old law to buy gold off him (And the rockefellers). This stabalised the American Dollar and averted crisis. A similar thing happened in 1907. Major New York banks were on the verge of collapse and Morgan held a meeting at his mansion where he forced the New York finaciers to come up with a plan. This they diid and the federal government saved the banks. Morgan also used his controlling interest in US Steel to buy the stock of a competitor whos stock was casuing a brokerage firm to collapse. Despite the anti trust legislation he purchased the stock, This restored confidence in the banking system and ensured the crisis was over.

More importantly, the event made the government realise that they couldnt rely on there always being a wealthy indiividual like Morgan to save the day should there be another crisis. This lead to the creation of the Federal Reserve System in 1913. This was a joint effort of a team of banking and political leaders, led by Senator Nelson Aldrich.

6 0
3 years ago
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Why did the Founding Fathers fear democratic rule?
Lady bird [3.3K]

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A  demagogue/irrational thought

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The Founding Fathers feared that the country would be lead by a  demagogue.  A demagogue is a political leader who seeks support by appealing to the desires and prejudices of ordinary people rather than by using rational argument.  They feared "tyranny of the minority".

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6. The cotton gin led to an increase in
sveticcg [70]

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B

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it actually decreased slavery by a little

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