5:2 The New Nation Faces Challenges Flashcards

1
Q

tariff

A

a tax on imports or exports

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2
Q

interstate commerce

A

trade between two or more states

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3
Q

inflation

A

increased prices for goods and services combined with the reduced value of money

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4
Q

depression

A

a steep drop in economic activity combined with rising unemployment

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5
Q

Shay’s Rebellion

A

an uprising of Massachusetts’s farmers, led by Daniel Shays, to protest high taxes, heavy debt, and farm foreclosures (1786-87)

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6
Q

Daniel Shays

A

A poor farmer and Revolutionary War veteran who led hundreds of men in a forced shutdown of the Supreme Court in Springfield, Massachusetts

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