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The bill of rights

Many Americans opposed the 1787 Constitution because it seemed a dangerous concentration of centralized power that threatened the rights and liberties of ordinary U.S. citizens. These opponents, known collectively as Anti-Federalists, did not constitute a political party, but they united in demanding protection for individual rights, and several states made the passing of a bill of rights a condition of their acceptance of the Constitution. Rhode Island and North Carolina rejected the Constitution because it did not already have this specific bill of rights.

Federalists followed through on their promise to add such a bill in 1789, when Virginia Representative James Madison introduced and Congress approved the Bill of Rights    ( [link] ). Adopted in 1791, the bill consisted of the first ten amendments to the Constitution and outlined many of the personal rights state constitutions already guaranteed.

Rights protected by the first ten amendments
Amendment 1 Right to freedoms of religion and speech; right to assemble and to petition the government for redress of grievances
Amendment 2 Right to keep and bear arms to maintain a well-regulated militia
Amendment 3 Right not to house soldiers during time of war
Amendment 4 Right to be secure from unreasonable search and seizure
Amendment 5 Rights in criminal cases, including to due process and indictment by grand jury for capital crimes, as well as the right not to testify against oneself
Amendment 6 Right to a speedy trial by an impartial jury
Amendment 7 Right to a jury trial in civil cases
Amendment 8 Right not to face excessive bail or fines, or cruel and unusual punishment
Amendment 9 Rights retained by the people, even if they are not specifically enumerated by the Constitution
Amendment 10 States’ rights to powers not specifically delegated to the federal government

The adoption of the Bill of Rights softened the Anti-Federalists’ opposition to the Constitution and gave the new federal government greater legitimacy among those who otherwise distrusted the new centralized power created by men of property during the secret 1787 Philadelphia Constitutional Convention.

Visit the National Archives to consider the first ten amendments to the Constitution as an expression of the fears many citizens harbored about the powers of the new federal government. What were these fears? How did the Bill of Rights calm them?

Alexander hamilton’s program

Alexander Hamilton, Washington’s secretary of the treasury, was an ardent nationalist who believed a strong federal government could solve many of the new country’s financial ills. Born in the West Indies, Hamilton had worked on a St. Croix plantation as a teenager and was in charge of the accounts at a young age. He knew the Atlantic trade very well and used that knowledge in setting policy for the United States. In the early 1790s, he created the foundation for the U.S. financial system. He understood that a robust federal government would provide a solid financial foundation for the country.

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
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innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, U.s. history. OpenStax CNX. Jan 12, 2015 Download for free at http://legacy.cnx.org/content/col11740/1.3
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