Final answer:
The Albany Plan of Union aimed to address military issues by proposing a union of the colonies with a 'grand council' and a president appointed by the Crown. It did not directly handle economic or political issues, but influenced future union efforts and documents like the Articles of Confederation and the Constitution.
Step-by-step explanation:
Albany Plan of Union and its Objectives
The Albany Plan of Union primarily aimed to address military issues during a time when the colonies considered some form of union to bolster their collective defense. Convened in Albany, the Albany Congress debated Benjamin Franklin's Plan of Union, which suggested a colonial union. This union would involve a 'grand council' to pass legislation and a president appointed by the Crown to oversee the colonies. Although the plan was initially approved by delegates at the Albany Congress, it was rejected by the colonies and the Colonial Office due to fears of losing autonomy.
Despite its failure, the Albany Plan of Union profoundly influenced the Articles of Confederation and the U.S. Constitution later on. Its legacy lies in the fact that it was an early attempt to unify the colonies and provide for the common defense, albeit it did not directly address economic or political issues at the time. However, it laid groundwork for future discussions and efforts towards more comprehensive union that included economic, political, and military aspects, as seen in subsequent documents like the Constitution.