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PSC 101 Test 1 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17...

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1. Mercantilism – an economic theory designed to increase a natin's wealth through the development of commercial industry and a favorable balance of trade 2. 2 nd Continental Congress – Meeting that convened in Philadelphie on May 10, 1775, at which it was decided that an army should be raised and G. Washington of VA was named commander-in-chief 3. New Jersey Plan – a framework for the Constitution proposed by a small group of states; on-house legislatures with one vote for each state, Congress "supreme laws" of the land, and a supreme judiciary with limited power. 4. Virginia Plan – the first general plan for the Constitution, proposed by James Madison. Its key points were a bicameral legislature, an executive chosen by the legislature, and a judiciary also named by the legislature. 5. 3/5ths Compromise – Agreement reached at the Constitutional Convention stipulating that each slave was to be counted as 3/5ths of a person for purposes of determining population for representation in the House of Representatives. 6. enumerated powers – 17 specific powers granted to Congress under Article I, section 8, of the US Constitution; taxation, coinage of money, regulation of commerce, and the authority to provide for a national defense 7. Implied powers – Powers derived from the enumerated powers and the necessary and proper clause. These powers are not stated specifically but are considered to be reasonably implied through the exercise of delegated powers.
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