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Does the federal govenment's authority to govern economic matters flow from the commerce clause?
Wiki User
∙ 9y ago
It is true that the national government's power to govern economic affairs stems from the Commerce Clause. The clause is found in Article I of the U.S. Constitution.
Wiki User
∙ 9y ago
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Which part of the Constitution gives the federal government broad authority to regulate economic activity across the US?
The Commerce Clause
What was a result of Gibbons v. Ogden?
The result of Gibbons v. Ogden was a landmark Supreme Court decision that established federal power over interstate commerce. The ruling clarified that the Commerce Clause of the U.S. Constitution granted the federal government authority to regulate trade between states, leading to a broad interpretation of federal power in regulating economic activities.
What type of economic structure does the US have?
The United States has a free market economic system. Monetary policy and lending to banks are governed by an independent Federal Reserve system. Congress does however have the authority to regulate the economy through the Interstate Commerce clause.
What is Part II of the Interstate Commerce Act?
Part II of the act extended federal authority to motor carriers engaged in interstate commerce.
What is an example of increased federal power over commerce?
The Federal government in the US has many ways to influence commerce. Passing tariff legislation on certain foreign imports is one way, and of course by lowering the tariff rates of dissolving them, the federal government increases imports.The US federal government has the authority to regulate interstate commerce. Commerce can also be affected by higher or lower taxes on business or on the population.
What are some of the federal agencies that FDR created to combat an economic crisis?
tennesee valley authority
Which organization has authority over interstate and international commerce in the communications field?
Federal Communications Commission (FCC)by Kishon Francis (Grenada)
Which if the following provisions of the Articles created economic problems for the federal government?
The federal Congress could not establish a common currency, regulate interstate commerce, or levy taxes
How did The decision in Gibson's vs. Ogden basically addressed what issue?
The decision in Gibbons v. Ogden addressed the issue of whether states have the authority to regulate interstate commerce or if that power belongs exclusively to the federal government. The ruling established that regulating interstate commerce is a federal power under the Commerce Clause of the U.S. Constitution.
What is Part III of the Interstate Commerce Act?
Part III gave the federal government authority to regulate common carriers operating in interstate commerce in the coastal, intercoastal, and inland waters of the United States.
What group benefited most from the supreme court decisions in Mcculloch vmaryland and gibbons v ogden?
Both gave the federal government more power by expanding its authority in individual state's economic activities. McCulloch v Maryland gave the federal bank power over states, and Gibbons v Ogden gave Congress power to regulate interstate commerce.
Do you agree with Marshall's ruling that Gibbons had a right to compete with Ogden's ferry line?
Yes, Marshall's ruling in Gibbons v. Ogden affirmed that the federal government, not the states, had the authority to regulate interstate commerce, including ferry services. This decision established a precedent for federal regulation of commerce and laid the foundation for the expansion of federal power in regulating the economy.
