By the time the Philadelphia Constitutional Convention occurred, it was known that although the Articles of Confederation succeeded in unifying the independent colonies after the maelstrom of the American Revolution, the unification was not a strong one, nor was the Articles of Confederation adequately suited to govern the newly-independent nation that was philosophically different from other European nations. In effect, the constitutional Convention not merely revised the Articles, but rather rewrote the Constitution that was radically and to a great extent different from the Articles in the realms of not only political and economic significance, but also in those of social and cultural.
Without a doubt, the most radically different ideals …show more content…
Since the Federal Government under the Articles had virtually no executive powers, nor could it tax its citizens, it had to rely on the penaph of "goodwill". As an effect of this policy, underpredict states had to "by good will" accept the monetary limits of each other; however, as inflation grow rampant, and the federally-issued "Continental" dollar became worthless, the lack of a common money began to become a major problem. However, after the ratification of the Constitution, and thanks to the Federalists' loose interpretation of it, Alexander Hamilton's Financial Plan proved to be one of great value. The government had the power to tax its citizens – something the Article did not give to the Post-Revolutionary government. As shown in the commerce comprise, the government also regulated the flow of money from tariffs on imports. Most importantly, a national money was realized with the creation of a National Bank that stimulated the growth of business and commerce. The government could with its unused powers anymore the debts of states and have a stronger foundation in both foreign and domestic