What was one major impact of the Supreme Court regarding economic growth?

The Supreme Court significantly influenced economic growth primarily through its role in upholding contracts and regulating interstate commerce. By affirming the sanctity of contracts, the Court provided a legal framework that fostered trust and stability within the business environment, encouraging investment and commerce. This is exemplified by landmark cases such as "Gibbons v. Ogden," where the Court ruled that Congress had the authority to regulate interstate commerce, thus promoting a unified national market. As businesses could operate across state lines under consistent rules, economic expansion was able to flourish.

The Court's decisions often aimed to create a balance between state rights and federal authority in matters of commerce, which further stimulated economic activity. With firm legal backing, businesses felt secure to enter into contracts and expand their operations, leading to growth in various sectors of the economy. This consistency and support from the judicial system played a vital role in creating an environment conducive to economic development during crucial periods in American history.