Chapter 4: Federalists and Republicans: Vocabulary Flashcards

1
Q

Cabinet

A

Group of advisers to the President

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2
Q

Revenue

A

The money collected from taxes and other sources. Used to fund the government.

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3
Q

The Tariff of 1789

A

Tariff that required importers to pay a tax on a percentage of their ship’s cargo. They also had to pay a tax on the tonnage on their ships.

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4
Q

Speculators

A

Person who risks money in hopes of a financial profit. This was the name given to people who bought the government bonds at a cheap price (sometimes as low as $10) hoping that the government would pay at full price ($100).

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5
Q

Enumerated Powers

A

Government powers that are specifically outlined in the Constitution.

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6
Q

Implied powers

A

Powers that aren’t specifically mentioned in the Constitution but claimed by the government.

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7
Q

Bank of the United States

A

The National Bank that was established to collect taxes, regulate trade and provide for defense.

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8
Q

Creditor

A

One to whom a debt is owed.

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9
Q

Agrarianism

A

The philosophy that owning land and agriculture is the backbone of our country.

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10
Q

Radicals

A

One whose political views, practices, or policies are considered extreme.

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11
Q

Neutral

A

Not aligned with any political or ideological group, not taking sides.

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