Exam 7: American Experiments, 1776-1789

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Term for identification :  Federalist Papers​

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The Federalist Papers are a collection of 85 articles and essays written by Alexander Hamilton, James Madison, and John Jay under the pseudonym "Publius" to promote the ratification of the United States Constitution. These papers were written and published between 1787 and 1788 in various New York State newspapers to persuade New York voters to support ratification.

The essays explained the new Constitution, detailed how it was designed to work, and why it was necessary to replace the Articles of Confederation, which were deemed ineffective for governing the young nation. The Federalist Papers are considered a key source for interpreting and understanding the original intent of the Constitution.

Each essay addressed a specific aspect of the Constitution, ranging from the weaknesses of the national government under the Articles of Confederation to the proposed structure of the new legislative, executive, and judicial branches under the Constitution. The papers also tackled the importance of a strong central government for the security and economic stability of the nation, as well as the concept of federalism, which is the division of power between the federal government and the states.

The Federalist Papers remain highly significant in American political history and constitutional law, as they provide insight into the framers' thoughts and intentions during the nation's founding period. They are frequently cited by legal scholars, historians, and the Supreme Court of the United States in constitutional interpretation and deliberation.

As a result of British trade policies after American independence,

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Talk about:  bills of credit​

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Bills of credit refer to a type of currency that was historically used as a form of paper money, issued by governments or banks, which represented a promise to pay the bearer a certain amount of gold or silver upon demand. These instruments were a precursor to modern-day paper currency and were used to finance government expenditures, facilitate trade, and provide a medium of exchange when metallic money was scarce.

The concept of bills of credit originated in Europe and was brought to the American colonies, where they played a significant role in the colonial economy. The colonies often faced shortages of official British coinage, and as a result, they resorted to issuing their own paper money to serve as legal tender for public and private debts.

However, the use of bills of credit was not without controversy. The value of these bills could fluctuate dramatically, leading to inflation and economic instability. This was primarily because the bills were often issued in amounts exceeding the government's ability to redeem them with hard currency. As a result, people's confidence in the value of the bills could wane, causing the bills to depreciate.

The problems associated with bills of credit led to their mention in the United States Constitution. Article I, Section 10 of the Constitution prohibits states from emitting "Bills of Credit," reflecting the Founding Fathers' concerns about the inflationary risks and economic chaos that could result from the unregulated issuance of paper money by individual states.

At the federal level, the Constitution grants Congress the power to "coin Money" and "regulate the Value thereof," which has been interpreted to allow for the issuance of paper currency under certain conditions. However, the term "bills of credit" in the federal context has been largely replaced by terms like "currency" or "Federal Reserve notes," which are the legal tender issued by the United States today.

In summary, bills of credit were an important form of currency in the past, but due to their potential to cause economic instability, their use has been restricted and replaced by more stable forms of money under a regulated monetary system.

Describe the causes and consequences of Shays's Rebellion.​

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Under the Articles of Confederation, Congress could​

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Talk about:  Pennsylvania Constitution of 1776​

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While the 1783 Treaty of Paris ended the American Revolutionary War,​

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Under the Articles of Confederation, the President of the Congress​

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Talk about:  specie​

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Discuss disestablishment and how it manifested itself after American independence.​

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After independence, governments in the form of state capitals moved closer to

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The Federalist Papers were authored by​

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Delegates to the Constitutional Convention

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Talk about:  Confederation Congress​

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Talk about:  checks and balances​

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The phrase "not worth a Continental" refers to

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Discuss the following statement: "Men and women who had supported the losing side in the Revolutionfaced some tough options at war's end."

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In 1784, Spain​

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Talk about:  Captain James Cook​

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Which of the following is true about the Virginia Plan?​

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