It affirmed Parliament’s supremacy over government.
William and Mary were crowned the monarchs of England under the Glorious Revolution in exchange for their acceptance of the English Bill of Rights.
The English Bill of Rights stripped the monarchy of the power to create laws, levy taxes, control the standing army, and prevented a Catholic from taking the throne ever again. William and Mary's acceptance of this document gave Parliament governmental power in England making the monarch an adviser and ambassador for the country instead of a political power.
It demonstrated Parliament’s supremacy over government this best explains the significance of William and Mary receiving Parliament’s limitation on the monarchy’s power.
A monarchy exists as a structure of government in which an individual, the monarch, is head of state for life or until abdication. The political legitimacy and authority of the monarch may differ from restricted and largely symbolic, to completely autocratic, and can expand across the parts of the executive, legislative, and judicial. In a monarchy, a king or queen exists as Head of State. The British Monarchy exists known as a constitutional monarchy.
Therefore, the second option is the correct answer.
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