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ki77a [65]
3 years ago
12

hat is popular sovereignty? Why was this an important new idea at the time of the Constitution was written?

Social Studies
1 answer:
KiRa [710]3 years ago
3 0
Popular Sovereignty is the idea that power comes from the People. Prior to the Constitution, Power came from a King, Queen, or special class (nobility or priests). Power was concentrated within one person. The idea that a common person had the same rights as one from a noble class was revolutionary and went against all the teachings of the day. The idea that common people had the power to overthrow a ruler for being corrupt was even more revolutionary. The Constitution was often referred to as the "Grand Experiment" because none of the Founding Fathers were sure if it would actually work.
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The 1890 Sherman Act, the 1914 Clayton Act and the 1914 Federal Trade Commission Act represent the three main antitrust laws that regulate business practices for national and foreign enterprises that conduct trade in or with the United States. However, the 1982 Foreign Trade Antitrust Improvements Act regulates the international scope of these antitrust laws. Generally speaking, it states that they can't be enforced outside the US, unless the monopolistic practices affect exports from and imports into the US. According to this interpretation, <u>foreign companies that do business in the US can be subject to antitrust laws if their business practices are considered monopolistic under them</u>.

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Retribution

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⚠︎ I HOPE YOU ARE DOING WELL ☻︎

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6 0
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