One of the main reasons why New England merchants became leading members of society is because they were able to accumulate large amounts of wealth, due to the fact that trade was quite profitable during this time.
C- checks and balances was made so that no one branch could have too much power
The policy is known as the "Open Door Policy."
John Hay created this idea in hopes that America and countries all over Europe could trade peacefully with China. This concept was developed in order to protect America's trade interests while also ensuring that no other country would establish a monopoly on trade with China. Within this policy, all countries would agree not to interfere with another country's trade with China.
Answer:
Federalism is mainly understood to be an organizational principle in which the individual members (member states) have a limited independence and statehood, but are united to a sovereign overarching federal state.
A federal state consists of sub-states that exercise certain (limited) competences under constitutional law that are not derived from the federal government as a whole. In addition to the state as a whole, the member states of a federal state therefore have their own, original autonomy over the population in their territory in terms of constitutional law.