Question

Under the Articles of Confederation, why was the federal government unable to raise revenue? Check all that apply.

Answer 1

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.
The federal government could not create national money.

Answer 2

Answer:

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.

Explanation:

The Articles of the Confederation and the Perpetual Union, known as the Articles of the Confederation, constituted the first government document of the United States of America. They were approved by the second Continental Congress on November 15, 1777, after several months of debate. It was a non-mandatory guideline until ratification four years later, on March 1, 1781. The Articles of the Confederation are considered one of the four founding documents of the American nation.

The Articles formed a weak confederation that united the Thirteen British British Colonies, with the ability to govern almost only in times of war and emergencies. After the end of the War of Independence and the beginning of new priorities, its limitations became evident. This document was replaced by the Constitution of the United States after its ratification on June 21, 1788.