Chapter 7 Flashcards
What did the Federalists believe in?
That for achieving being a great commercial power America must have strong international institutions based on trade and industry.
What did the Anti-federalist believe in?
That for achieving to be a great commercial power on the international market America must be farm based economy and import the goods for the country.
True or False: Is Hamilton a anti-federalist?
False
True or False: Is Jefferson a Anti-Federalist?
True
What was Jefferson’s vision for the nation?
That with supporting the French Revolution, the economic strength is in the agricultural productivity.
What was Hamilton’s vision for the nation?
He wanted to imitate the British economy, which was a strong in trade and manufacturing. Hamilton was also pro-British.
How did many of the citizens felt about Hamilton’s plan for prosperity and security?
They felt that the loan certificates would reward those who un-American. They also felt that financial irresponsibility of such states such as Massachusetts and South Carolina.
What did the supporters of Jefferson did not like about Hamilton’s plan?
They feared that the Bank Of The United States would “perpetuate a large monied interest”. Another reason is that the doctrine of implied powers would lead to the steady growth of governmental power.
In terms of foreign policy what were some big issues at the time and how did it affect the election of 1800?
The XYZ affair and the the Quasi-War to the war between France and Britain, sparked the divide between the Federalists and Republicans. Thanks to the rift between parties allowed Jefferson win the election of 1800.
What was the fear between both parties around the time of Shay’s rebellion?
Both parties believed that the other party planned to use violence to crush political opposition. There was a feeling that politics might lead to a conspiracy to overthrow a legitimately elected government.
During the Adams administration what did Hamilton And supporters believe in?
They believed in that have a standing army would protect the country from invasion and to silence domestic dissent.They used the rationale of of national security to justify their pursuit for party power.
In Jefferson’s political speech as president what was he saying?
That despite that there are political parties we all have a deep commitment to a federal union based on republican ideas as set forth in the American Revolution.
What is the Bank of the United States?
National bank proposed by Secretary of the TReasury Alexander Hamilton and established in 1791. It served as a central depository for the US government and had the authority to issue currency.
What is the Implied powers?
Powers the constitution did not explicitly grant the federal government, but that it could be interpreted to grant.
What is the French Revolution?
A social and political revolution in France (1789-1799) that toppled the monarchy.