Quoted
"I. To promote international monetary cooperation through a permanent institution which provides the machinery for consolation and collaboration on international monetary problems.
II. To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objective of economic policy.
III. To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation."
The belief that the will of most of the people will be just more often that it will be unjust is called majority rule! just started government class!
George Washington was appointed as the Supreme Commander of the Continental Army was accomplished by members of the Second Continental Congress during their meeting in Philadelphia. Majority rule was the basic aim in a direct democracy.
Delegates from the Thirteen Colonies met at Philadelphia in
1775. The members managed the Colonial war effort. They gradually moved towards
independence. On July 4, 1776 they adopted the United States Declaration of
Independence. The Congress worked as the de facto national government. It
raised armies, directed strategy, appointed diplomats and signed treaties like
the Olive Branch Petition.
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A proprietary colony was a type of British colony mostly in North America and the Caribbean in the 17th century. In the British Empire, all land belonged to the ruler, and it was his prerogative to divide.