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16 Cards in this Set
- Front
- Back
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Precedent
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an act or decision that sets an example for others to follow
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Bank Of The United States
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National Government deposited the money collected for taxes in the Bank (in turn, issued paper money). Used to make loans to farmers and businesses. Encouraged the growth of the economy. Also used to pay government bills.
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Speculators
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someone willing to invest in a risky venture, hoping to make a large profit
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Kentucky and VA Resolutions
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(In response to the Alien and Sedition Act) Kentucky and VA claimed each state has an equal right to judge for itself (weather it is unconstitutional) Each state has the power to change or abolish that law within its borders.
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Protective Tariff
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tax on imported goods in order to protect a countrys industry from foreign competition.
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Cabinet
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group of officials who head government and advise the president.
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National Dept
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the total sum of money the government owes to others
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Alien
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another word for foreigner
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Nullify
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cancel
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Unconstitutional
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not permitted by the constitution
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Neutrality Proclamation
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Stated the U.S would not support either side in foreign war (forbade America to aid Britain or France)
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Jays Treaty
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called for Britain to pay damages for American ships, America had to pay depts. owed to Britain
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Washingtons Farwell Address
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Washington stated he would retire, urged America to remain neutral in relations with other countries, and avoid war
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Judiciary Act
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organized federal courts system, by Supreme Court to have one Chief Justice and five assoc. justices. Set up system of district and circuit courts across the nation
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Whiskey Rebellion
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test of strength for the new government, farmers rebelled because of tax put on Whiskey
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Alien and Sedition Acts
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allowed presidents to expel any alien thought to be dangerous to the country, and citizens could be fined or jailed if they criticized the gov.
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