Role of the United States Contitution Paper Essay

Role of the United States Contitution Paper - Essay Example overnment in the development of a uniform system of trade as follows: â€Å"The Congress shall have power†¦..to regulate commerce with foreign nations and among several states and with Indian tribes.†(www.usconstitution,net). The United States Constitution thus spells out the regulatory role of the federal Government. This is very important because if businesses are allowed to operate completely without any kind of regulation, then there is a scope for abuses of business power to take place. For example, big corporations could turn themselves into monopolies and take over all the business, thus resulting in unfairness to customers who will be saddled with heavy prices at the whim of the monopoly. Such a move would also produce a lack of business fairness and opportunity for others to also flourish and thrive in the economy through the effective exercise of competition. But by allowing the federal Government to play a regulatory role, the national government can make use of its power to ensure that opportunities and resources are provided to a multiplicity of groups, so that there is potential for the balanced development of power rater than it becoming aggregated in the hands of a few wealthy corporations. The Government’s regulatory role extends to the development of sound monetary and banking systems and ensuring that adequate opportunity is provided to all, including those minority and disadvantaged sections of society who may not have the resources and wealth to make the best use of business opportunities existing in the economy. In the case of McCullogh v Maryland Justice Marshall found unquestionable evidence existing in the Constitution to support the position that the American people, who are in effect, the source of the Constitution, wished to accord to the Government, the powers to lay down taxes and to collect them, as well as to regulate commerce and since this was the intent of the people, it must have also been their intent that the national