What were the goals of the Constitutional Convention ?
Correct answer: B. To form a government that would serve the interests of all groups in the society
- A. To preserve the status quo
- B. To form a government that would serve the interests of all groups in the society
- C. To insure the power of the small farmers
- D. To diminish the power of a strong central government
Explanation
The Constitutional Convention aimed to create a stronger but representative government capable of balancing the interests of different groups and states. It was not designed solely to preserve the status quo or protect one class, such as small farmers.
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About Public Finance
Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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