Chapter 8 Quiz 1 Flashcards
precedent
an example to be followed by others in the future
bond
a certificate issued by a government for an amount of money that the government promises to pay back with interest
speculators
people who invest in a risky venture in the hope of making a large profit
unconstitutional
contrary to what is permitted by the Constitution
tariff
a tax on imported goods
faction
an organized political group
James Madison
consider the factions to be selfish groups, I’m concerned with the well-being of the whole nation; argued with the Federalist Papers that and affective national government would prevent the growth of factions
Thomas Jefferson
Vice President; disliked factions; was a republican, favored strong state government, opposed national bank, opposed protective tariff
Alexander Hamilton
disliked factions; Federalist; believed both wealthy and I dictated should lead;
John Adams
republican; A New Englander; was Washington’s Vice President, and later on became second president
inauguration
A ceremony in which the president takes the oath of office