They were created to finance endeavors that were far too expensive for individuals to invest in and even governments to fund.
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The main reason why the colonial assemblies rejected the Albany plan is because they were afraid and paranoid about a central body that would tax them, since anti-taxation sentiment was strong at this time.
Answer:
Guilds
Explanation:
Guilds helped build up the economic organization of Europe, enlarging the base of traders, craftsmen, merchants, artisans, and bankers that Europe needed to make the transition from feudalism to embryonic capitalism.
The House of Representatives have the ability to elect the President in the case of an electoral college tie. Even though this power is not used often, it is a critical part of their job. They must consider numerous factors including what citizens of their district would want, what would help American society, etc. Ultimately, this type of responsibility defines the members of the House as individuals who need to be impartial and reasonable in order to make the decision that is best for the country.