Advantages of a Common
Market
California Content Standard 8.3.3
By the end of the lesson, I will be able to…
Enumerate the advantages of a common market among the
states as foreseen in and protected by the Constitution’s clauses
on interstate commerce, common coinage, and full-faith and
credit
As evidenced by…
Taking notes and a quiz.
Essential Question
• What are the advantages of a common market among the
states?
Interstate Commerce Issues
• Under the Articles of Confederation, Congress had no power
to regulate interstate commerce.
• States followed their own trade interests.
• Trade laws differed from state to state.
• This made trade difficult for merchants whose businesses
crossed state lines.
Money Issues
• States printed their own paper money.
• The result was the beginnings of inflation.
• This money often was worthless because states did not have
the gold or silver to back it up.
• Congress had no power to stop states from issuing more paper
money.
Solving Early Republic Problems
• The Constitution sought to rectify these problems.
• Article I, Section 8
• Article 1, Section 10
• Article IV, Section 1
Article I, Section 8
• Gives the federal government the right to
•
•
•
•
Pass tariffs
Regulate international trade
Regulate interstate commerce
Coin money
Article I, Section 10
• Specifically prohibits the states from
• coining money
• passing tariffs
Article IV, Section 1
• States that “Full Faith and Credit shall be given in each State to
the public Acts, Records, and Judicial Proceedings of every
other State.”
• Each state is required to respect the laws of other states.