“We the People of the United States, in Order to form a more perfect
Union, establish Justice, insure domestic Tranquility, provide for the
common defence, promote the general Welfare, and secure the Blessings of
Liberty to ourselves and our Posterity, do ordain and establish this
Constitution for the United States of America.”
Establish Justice:
This was a very important one because the American people wanted make sure they'd have justice under the Constitution.
Domestic Tranquility:
Shays' Rebellion was one of the main reason the Constitutional Convention was held. The people were worried about peace between the nations borders after the rebellion against having to repay war debts.
Provide for the common defense:
This particular statement said that no individual state could defend itself against attack. It was the whole country's fight. This helped promote unity and a deep love for one's country.
Promote the general welfare:
The statement said that the government would care for the people's well-being as much as possible.
<span>Secure the blessings of liberty to ourselves and our posterity:
This is one of the most important statements in the entire document. It means that they provide the promise of freedom to ourselves and for our children and their children and so forth.
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<span>Ordain and establish this Constitution for the United States of America:</span>
This last statement of the preamble states that the people made this document as one body and they give the United States its power.
<span>A. It aided the growing bureaucracies and their need for endless documentation.</span>
<u>The financial services and products often offered by financial institutions are as follows:</u>
Accepting deposits- The primary function of a financial institution is to accept deposits. Financial institutions accept deposits and the money is stored in the accounts for which interest is provided.
Lending loans- Financial institutions lend loans against a collateral which has to be submitted before raising one. The loan has to be repaid at an interest rate.
Internet banking- Today it is possible for people to carry out their operations in the internet. One can transfer money to other accounts and deposit money in the accounts using the internet.
Certificate of Deposit- It is a product offered by banks where people can deposit money for a fixed period of time for which interest rate will be provided.
Demat- Also known as dematerialization, it is the act of preserving the securities and shared of a person in an electronic format. A person is appointed to take care of the same who will scan the physical copies of the share, enter its details and upload the same in an online database.
