The stock market crash caused everyone to take the money out of banks, but he banks were running out. the reason for this was because the money left in stocks lost value.
The previous constitution, called the Articles of Confederation, gave state governments more authority. Led by Patrick Henry of Virginia, Anti-Federalists worried, among other things, that the position of president, then a novelty, might evolve into a monarchy
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Thomas Jefferson was the primary draftsman of the U.S. Declaration of Independence, the nation's first secretary of state and the second vice president (under John Adams). As the third president of the United States, Jefferson stabilized the U.S. economy and defeated pirates from North Africa during the Barbary War. He was responsible for doubling the size of the United States by successfully brokering the Louisiana Purchase. He also founded the University of Virginia. As a boy, Jefferson's favorite pastimes were playing in the woods, practicing the violin and reading. He began his formal education at the age of nine, studying Latin and Greek at a local private school run by the Reverend William Douglas.
