Natural law is the higher order positive law which emerged from the philosophers of ancient age. Stoic reformers believed that law of nature is the supreme law which connects man and nature to live in harmony with each other.
Aristotle says that though man perceives things and frames laws to live an orderly life, the natural law is universal and a common law exists which is divine.
Natural rights are the rights which are believed to be inherited by birth of a man. These are natural birth rights and they are the base for the founding fathers to frame the US Constitution.
Answer:
The correct answer is the second statement: <em>They had different ideas about the ultimate power of the federal government</em>.
Explanation:
Thomas Jefferson believed that the most important instance of the realization of democracy was the state. He thought that the US should develop in a way that people could have simple lives habiting farms and growing food for living with little surplus production. Because of this communal view is that the state was so politically important for him.
Alexander Hamilton believed almost on the contrary. He wanted the US to invest in international trade and to take part in the global trade system. He wanted the country to be able to sell not only food but also manufactured goods. Because of this view, he stood for a strong national government that could organize the country and put it in this economic course.
Answer:
Public Goods - The Economic Lowdown Podcast Series
Explanation:
Is public transportation a public good? How about national defense? Knowing the characteristics of public goods will help you understand why private firms excel at producing private goods, but they have little incentive to produce public goods. Rather, if society wants public goods, government must produce them. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each.
[Hope's it's Help]
Banks were important because The role that banks have in the economic growth of the early 1800s was pumping money back into America. By allowing businesses to borrow funds, businesses were able to hire new workers. They sparked economic growth by being insured by the federal government.
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