QUESTION IMAGE
Question
under the articles of confederation, why was the national government unable to raise revenue? check all that apply.
the national government was not given the power to regulate trade.
the national government needed approval from the states to collect taxes.
the states voted to allow the national bank to go bankrupt.
the state and national currencies competed with each other.
the national government could not create national money.
- Option 1: Under the Articles of Confederation, the national government lacked the power to regulate trade, which limited revenue from trade-related sources.
- Option 2: The national government did not have the independent power to collect taxes; it needed state approval, making tax collection for revenue difficult.
- Option 3: There was no national bank during the Articles of Confederation era, so this is incorrect.
- Option 4: States and the national government (though the national government had limited currency power) had competing currencies, but this is not a primary reason for revenue - raising inability related to the core revenue - raising mechanisms (tax, trade).
- Option 5: The national government could create currency (though it was often not trusted), so this is incorrect.
So the correct options are the ones related to trade regulation and tax approval.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. The national government was not given the power to regulate trade.
B. The national government needed approval from the states to collect taxes.