5:2 The New Nation Faces Challenges Flashcards
1
Q
tariff
A
a tax on imports or exports
2
Q
interstate commerce
A
trade between two or more states
3
Q
inflation
A
increased prices for goods and services combined with the reduced value of money
4
Q
depression
A
a steep drop in economic activity combined with rising unemployment
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)
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