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NAME CLASS DATE Section 2 Guided Reading and Review The Expressed Powers of Money and Commerce CHAPTER 11 A. As You Read Complete the chart below showing the major powers granted to Congress by the.

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Chapter 11, Section 1 regulate interstate and foreign trade, but not trade within a state. – Congress has the power to tax income and imported goods, but not exports. – Congress can set bankruptcy laws. – Congress can coin and print money.

The Constitution grants Congress the sole authority to enact legislation and declare war, the right to confirm or reject many Presidential appointments, and substantial investigative powers.

The Constitution gives Congress five expressed powers related to money and commerce. The powers are (1) currency, (2) bankruptcy, (3) borrowing, (4) tax, and (5) commerce.

The Constitution has delegated to Congress five expressed powers related to money and commerce: currency power, bankruptcy power, borrowing power, tax power, and commerce power.

(1) Congress may tax only for public purposes, not for private benefit. (2) Congress may not tax exports. (3) Direct taxes must be apportioned among the States, ing to their populations. (4) Indirect taxes must be levied at a uniform rate in all parts of the country.

The implied powers of congress allows Congress to apropriate funds because the necessary and proper clause, an expressed power, gives Congress the power to make laws that are necessary and proper to carry out the foregoing powers and all other powers of teh constitution allows for implied powers.

Among the express powers of Congress as defined in the Constitution are the power to lay and collect taxes, borrow money on the credit of the United States, regulate commerce, coin money, declare war, raise and support armies, and make all laws necessary for the execution of its powers.

Chapter 11, Section 1 regulate interstate and foreign trade, but not trade within a state. – Congress has the power to tax income and imported goods, but not exports. – Congress can set bankruptcy laws. – Congress can coin and print money.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232