Apush chapter 8 Flashcards
Shay’s Rebellion date
August 29, 1786
what was the inflation in the revolution caused by
shortage of goods
demand for supplies
flood of paper currency
what did the inflation in the revolution lead to
an economic depression
what contributed to the economic depression
the trade deficit w britain (importing way more from them than we were exporting to them)
commercial banks insisted on the repayment of old loans
debt incurred by the revolution
what was the problem the confederation congress faced when when trying to pay off the revolutionary war debts
they had to tax, but they couldn’t raise taxes on their own, so they requisitioned the states, and the states in turn taxed their residents
how did the economic problem become a political problem
there was almost no money in circulation, so ordinary Americans feared being crushed by the burden of private debt and public taxes
how did some states attempt to relieve the burden on debtors and ordinary tax payers
- by requiring creditors to accept a state’s paper currency at face value rather than depreciated market value for all debts
- some states erected high tariff barriers to curb imports and protect domestic industries, but this didn’t work bc shippers could just go through other states; **to be effective, commercial regulation had to be national
what did Shays’ rebellion convince conservatives of
the necessity of strengthening the national government
why did the delegates at the Annapolis convention want to revisit/revise the Articles
bc they wanted more power in the national government bc they were afraid of more Shays’ rebellions and bc they were all upper class and they believed that the consolidation of power in a strong central government would better serve them as members of the upper class
why were the men at the constitutional convention not democrats
bc they believed the country had suffered from too much democracy and that ordinary people, if given too much power, would enact policies against the privileged classes
what did the compromises in the constitution ensure
a balance of power in congress
what was the Great Compromise a response to
the inability of the delegates at the CC to agree on the Virginia plan or the NJ plan
what were the 3 big compromises
Great Compromise, 3/5 Compromise, and Commercial Compromise
What was Madison’s council of revision from the VA plan scratched in favor of
a strong federal judiciary
why was the electoral college created
because they wanted to the president to be elected in order to stay away from becoming a monarchy but they didn’t believe that ordinary voters could be sufficiently informed to select wisely
why were anti-federalists critical of the constitution
they believed it granted far too much power to the central gov, weakening the autonomy of local communities and states
what 3 states were left with the option to join the union after the constitution was ratified
NY, VA, and NC
why did NY join
NYC threatened to secede and join separately if they didn’t
why did VA join
the promise of a bill of rights to protect the people from the potential abuses of the federal government
why did VA join
the promise of a bill of rights to protect the people from the potential abuses of the federal government
what are some amendments
freedom of religion/assembly
freedom of speech, press, and to petition
right to bear arms
gov couldn’t quarter troops in private homes
gov couldn’t do unreasonable search and seizures
no double jeopardy
don’t have to testify against yourself
right to due process of law before life, liberty, or property could be taken away
unenumerated rights are protected and powers not delegated to the federal gov are reserved to the states
how was Washington kind of contradictory
not really a man of the people, rode about town in a grand horse-drawn carriage, delivered his addresses personally to congress and received official replies from both BUT he worked hard to adhere to the letter of the constitution (i.e. refusing to use his veto power except where he thought congress had acted unconstitutionally) and consulted with the men in his cabinet regularly; understood the importance of national unity
what provided the momentum for the new constitution
the economic crisis and the resulting unrest in episodes like Shays’ rebellion
briefly explain hamilton’s report on public credit
- The united states had to pay back the full value what they owed to foreign and domestic creditors
- assumption of the state debts accumulated during the previous 15 years
- proposed issuing new interest-bearing government bonds that would be exchanged for the full face value of all the notes, warrants, and securities the government had distributed during the revolution
briefly explain hamilton’s report on public credit
- federal redemption at full value of the national debt owed to foreign and domestic creditors
- assumption of the obligations accumulated by the states during the previous 15 years
- proposed issuing new interest-bearing government bonds that would be exchanged for the full face value of all the notes, warrants, and securities the government had distributed during the revolution
