Explanation:
To start with, the statement - “Congress shall make no law respecting an establishment of religion or prohibiting the free exercise thereof” is known as the establishment clause.
The clause prohibits government from making laws that respect the establishment of religion. It also prohibits government from establishing an official religion as well as initiating actions that serve to favour a particular religion over another.
From the provisions of the clause, it is obvious that government is meant to remain neutral to all religions as the clause requires that government should neither respect, elevate nor favour religions.
It is important to note here that provisions of the establishment clause define the concept of separation of church and state. In other words, they are connected and communicate the same message.
The summary of the message is that the church and government are separate entities. As such, the state or government ought not to do things that show support for a particular religion.
Neither is it for proper for the state to compel citizens to be steadfast with, or practise a particular religion because it would amount to violation of citizens rights to religious liberty.
There have been many government actions meant to help unify the nation, but the greatest was done when the Articles of Confederation were replaced by the Constitution, since this action put into place a much stronger-central government and "united" the states.
one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
