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The paper 'The Importance of the Constitution of United States of America' is a suitable example of a business essay. The constitution of the United States of America is the supreme law in the country and it contains all the necessary legal issues and framework, which are used in the organization of the government…
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Extract of sample "The Importance of the Constitution of United States of America"
Role of the US Constitution
Role of the US Constitution
The constitution of United States of America is the supreme law in the country and it contains all the necessary legal issues and framework, which are used in the organization of the government. According to the constitution, there are three branches of the government, legislative branch, executive branch and judicial branch. Congress in the United States takes care of the legislative branch and President controls the executive branch. The third and last branch is headed by the Supreme Court of the country and it deals with the judicial issues. The organization of all these three branches is provided by the constitution and it has made a framework, which gives a firm base to these branches. The constitution had made clear the division of power and had also balanced the powers of all three branches. They clearly know their power and limits through Constitution.
The Constitution of United States of America was made two hundred years ago in the Philadelphia state. At that time, thirteen states agreed upon the Constitution and its conditions. The Constitution of United States is considered as the best one in the world, because we cannot find anything as balanced and comprehensive as this. The founders emphasized mainly on the economic growth of the nation and had established a framework, which will help the trade and financial system of the country to run smoothly. It gives economic and financial freedom to the citizens, which enables them to build their lives as best as they can. That was the reason, why the people in the old world call it “the land of opportunity”, where anyone can become whatever they want to. The founders of United States and its Constitution were familiar with the fact that the commerce and trade plays an important role in the success of any nation and only those nations are superior in the world, which are successful in business and trade. And the role of state government cannot be ignored in it regard. In case of United States, all three branches, legislative, executive and judicial, contribute to the economic growth of the country. The Constitution of the United State allows them to practice trade without creating any unwanted oppression or arrogance behavior.
The Constitution had helped a lot in the creation of a new and modern economic and political system in the country. It is because of that system that the United States is now one of the greatest powers in the world. And its power is only because of the economic system and financial strength. The financial growth and production is the major reason of its being influential in the world, other countries listen to Americans only because they are a financial power. And this is achieved due to the national government’s policies and the rules and laws defined in the Constitution of the country. The government of United States follows a constitution which is self-regulating and the system of check and balance is kept for the whole year. The check and balance systems help in catching any fraud or corruption and it maintains the transparency of the trade and business. This makes the system efficient and effective for the businessmen and improves the environment for trade in the country.
The Constitutional Convention of 1787 was required mainly by the fragile, inefficient and ineffective confederation. This confederation was known as Articles of Confederation and this was the same Constitution, which had ruled the colonies since 1781. Most of the colonies were newly liberated and in their best interest, they must have a neutral and state governed system, which could help them in growing the economy fast. The main drawback of the Articles of Confederation was that it did not helped the government and state in getting together and work effectively for their betterment. On the other hand, the Articles of Confederation held the states in a baggy union, where there was no concept of central government and even if there was one, it was not affective and influential to keep them together on an issue. Important issues at that time were the financial matters and foreign trade. The Articles allowed the states to have their own trade policy and to impose the tariffs according to their wish and need. Following this policy, many states imposed taxes and tariffs on the other states of the country and also on other countries. At that time, many states within the country joined a reciprocal trade agreement. This agreement enables them to make decisions after mutual discussions and understandings. This helped them in getting rid of many economical problems which can grow bigger in future.
The Constitution of United States stated in the Article 1, Section 8 that the role of federal government should be defined in the trade and it should play a constructive role in the economy.
“The Congress shall have power . . . to regulate Commerce with foreign Nations, and among the several States. . . .' In defense of this new Constitution, Alexander Hamilton, James Madison, and John Jay, three members of the Philadelphia convention, published a series of newspaper articles collectively known as the Federalist Papers.”1
The main purpose of the Constitution was to make a government, which could be the best for the national interest and can help and facilitate the economy by different measures. Economy should be independent and strong, with solid base and the maximum benefit should be for the people of United States.
Government role in improving the economy and in improving the financial condition of people cannot be ignored. They can produce opportunities for the citizens, which leads to the better economy and a balanced share of wealth. In this way, not a particular group of people can have all the resources and rich cannot make the economy their hostage. If they succeeded in doing so, it will not only affect the financial capabilities of the country but will also put negative influence on the politics. If the government promotes the economy and encourages the new financial projects, it will not only put good impact on the banking system but will also improve the commercial activities and production of the companies.
References
Edling, Max M. (2003). A Revolution in Favor of Government: Origins of the U.S. Constitution and the Making of the American State. Oxford University Press.
Garvey, John H. ed. Modern Constitutional Theory: A Reader 5th ed 2004
Mason, Alpheus Thomas and Donald Grier Stephenson, ed. American Constitutional Law: Introductory Essays and Selected Cases (14th Edition) (2004)
Tribe, Laurence H. American Constitutional Law (1999)
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