Shared powers, also known as concurrent powers, are those powers that are granted to both the federal and state government systems. … Shared powers include each government’s power to establish taxation systems, establishing courts, overseeing elections, and borrowing money.

Which power is shared in the US government?

Concurrent powers are powers shared by the federal government and the states. Only the federal government can coin money, regulate the mail, declare war, or conduct foreign affairs.

What are 3 examples of concurrent powers?

Concurrent powers include regulating elections, taxing, borrowing money and establishing courts.