What Was A Major Problem With The Central Government Under The Articles Of Confederation?

What Was A Major Problem With The Central Government Under The Articles Of Confederation? One of the biggest problems was that the national government had no power to impose taxes. To avoid any perception of “taxation without representation,” the Articles of Confederation allowed only state governments to levy taxes. To pay for its expenses, the

What Are Some Problems With A Weak Central Government?

What Are Some Problems With A Weak Central Government? Each state only had one vote in Congress, regardless of size. Congress did not have the power to tax. Congress did not have the power to regulate foreign and interstate commerce. There was no executive branch to enforce any acts passed by Congress. There was no

Does A Strong Currency Imply A Strong Economy?

Does A Strong Currency Imply A Strong Economy? Does a strong currency imply a strong economy? Exchange rates have negligible connection with the strength of an economy. Instead, it is determined by trade performance, capital inflows or an arbitrary number chosen by the central bank. Is it better for an economy to have a strong