What does the phrase "We the People" encapsulate in the Constitution?

The phrase "We the People" encapsulates the principle of self-governance, emphasizing that the authority of the government originates from the consent of the governed. This foundational concept signifies that the power and legitimacy of the government are derived from the citizens rather than a monarch or external authority.

By starting the Constitution with these words, the framers underscored the idea that the nation is formed by and for its citizens, reflecting the democratic ideals of participation and representation. This principle means that individuals have the right to shape their government and its policies, establishing a social contract where the government is accountable to the people.

The other options mention different aspects of governance or authority that are related but do not directly reflect the significance of "We the People" as a statement about self-governance and democratic principles.