What kind of market system does the united states have ? socialist market system communist market system representative market system free- market system what happens to the cost of a product when demand for the product is high? cost goes up cost goes down cost stays the same what happens to the cost of a product when demand for the product is low? cost goes down cost goes up cost stays the same what happens when demand for a product is high and supply is low? opportunity cost specialization scarcity trade-off what happens when you have a high supply of products but have low demand? scarcity depression surplus specialization

in february 1787, congress decided that a convention should be convened to revise the articles of confederation, the nation’s first constitution. in may, 55 delegates came to philadelphia, and the constitutional convention began. debates erupted over representation in congress, over slavery, and over the new executive branch. the debates continued through four hot and muggy months. but eventually the delegates reached compromises, and on september 17, they produced the u.s. constitution, replacing the articles with the governing document that has functioned effectively for more than 200 years.

lying without the limits of the several states; and may permit them, at such times, and in such manner as it