The Interstate Commerce Clause (Article I, Section 8, Clause 3) of the Constitution authorizes Congress to regulate trade between the states, with other nations and with Native American tribes.
Article I, Section 8
The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;
To borrow money on the credit of the United States;
To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;
The federal government can exercise control over interstate trade.
confederation
a philosophy of government which opposes governmental activities to regulate business, but encourages governmental support of business activities
No, they do not. The Federal Government alone has the power to tax and regulate conmmerce.
D. whether the federal government should have the power to regulate slavery.
For fear of losing the freedom they had just won from great Britain.
Under the Articles the Government was not able to regulate trade and levy taxes. In the Constitution they were given that power.
The national government possesses several constitutional powers, including the ability to levy taxes, regulate interstate and foreign commerce, declare war, and maintain armed forces. It can also establish a postal service, coin money, make treaties, and regulate immigration and naturalization. Additionally, the government has the power to establish federal courts and ensure the protection of civil rights. These powers enable the national government to function effectively and maintain order within the country.
The advantages of government involvement in business activities is that it helps regulate the prices of commodities as well as ensure only quality products are in the market. The disadvantages include interference with the business activities and levying high taxes among others.
Two ways the government of a country can regulate business is to enact new laws that influence business and raise or lower taxes.