Chapter 7: Road To Revolution Flashcards

1
Q

Monopoly

A

The complete control of a product or sphere of economic activity by a single producer or business.

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2
Q

Duty (duties)

A

A custom tax on the export or import the goods.

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3
Q

Admiralty courts

A

In British law, special administrative courts designed to try maritime cases without a jury.

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4
Q

Mercantilism

A

The economical theory that closely linked as a nation’s political and military power to its bouillon reserves. Mercantilist generally favored protectionism and colonial acquisition as a means to increase exports.

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5
Q

Veto

A

The constitutional right of a ruler or executive to block legislation passed by another unit of government.

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6
Q

Virtual representation

A

The political theory that a class of persons is represented in a law making body without direct vote.

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7
Q

Propaganda

A

A systematic program or particular materials designed to promote certain ideas; sometimes, but not always, the term is used negatively, implying the use of manipulative or deceptive means.

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8
Q

Patronage

A

A system in which benefits, including jobs, money, or protection are granted in exchange for political support.

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9
Q

Depreciate(d)

A

To decrease in value as in the decline of the purchasing power of money.

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10
Q

Nonimportation agreements

A

Pledges to boycott or decline to purchase certain goods from abroad.

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11
Q

Boycott(s)

A

An organized refusal to deal with some person or organization or to buy a certain product or service.

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12
Q

Mulatto

A

A person of mixed African and European ancestry.

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13
Q

Inflation

A

An increase in the supply of currency relative to the goods available, leading to a decline in the purchasing power of money and a corresponding rise in prices.

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