Answer- Military regime
Explanation-
Answer and Explanation:
Brokers tried to sell stocks, but no one wanted to buy them. Many people scrambled to buy stocks on margin. People wanted to buy stocks, but there were none left to buy.
Left most of power towards state legislature. Under the articles of confederation, the confederation congress had no power over people within states, only state governments had that power. Congress also had no power to collect taxes, only to request money from state governments. Congress also had no power to regulate trade between states.
I'm thinking your question means to ask, "<em><u>What</u></em><em> is popular sovereignty?"</em>
"Popular sovereignty" means the people are in charge of establishing a government over themselves.
The founding fathers of the United States adopted the idea of popular sovereignty from Enlightenment philosophers like John Locke (of England) and Jean-Jacques Rousseau (of France).
The Declaration of Independence (1776), written primarily by Thomas Jefferson, asserted the concept of popular sovereignty. The Declaration insisted that people institute governments in order to secure their rights, and that governments get their authority from the consent of the governed. "Whenever any Form of Government becomes destructive of these ends," the Declaration of Independence said, "it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."
Patricians were the wealthiest people.