Chapter 7 Section 1 and 2 Vocabulary Flashcards

1
Q

An honest man and war hero that everyone could believe in

A

George Washington

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2
Q

Body of electors who represent the people’s vote in choosing the president

A

Electoral College

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3
Q

The First Lady who hosted events and entertained guests

A

Martha Washington

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4
Q

Action that later serves as an example

A

Precedent

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5
Q

Created three levels of the federal courts and defined their powers in relation to the state courts

A

Judiciary Act of 1789

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6
Q

The first Secretary of the Treasury. It was his job to set financial policy for the new country

A

Alexander Hamilton

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7
Q

Money owed by the United States from the Revolutionary War

A

National Debt

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8
Q

Certificates of debt that carried a promise to buy them back later at a higher price

A

Bonds

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9
Q

People who buy items at low prices in the hope that the value will rise

A

Speculators

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10
Q

Thought that bond holders were cheated by speculators who bought the bonds at low prices

A

Thomas Jefferson

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11
Q

The federal government can take reasonable actions that the Constitution does not specifically forbid

A

Loose Construction

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12
Q

The federal government should do only what the Constitution specifically says it can do

A

Strict Construction

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13
Q

The country’s first national bank

A

Bank of the United States

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