Chapter 9 Section 1 Flashcards
District of Colombia
The place where the capital was moved in the land which was no one state between Virginia and Maryland.
Judiciary act
This called for the Supreme Court to have a Chief Justice and five associate justices. This was passed in 1789
Bank of the United States
In 1971, the national government put all the tax money in the bank and the bank put out paper money.
Whiskey rebellion
A rebellion of farmers against the tax on whiskey and other alcohol in 1794
Inauguration
The ceremony where the president officially takes the oath of office
Precedent
An act or decision that sets an example for others
Cabinet
The head of the various departments who advised the president
National debt
The total sum of money a government owes to others
Bond
A certificate which promises to repay the money plus interest on a certain date
Speculator
Someone willing to invest money into a risky buy In order to gain larger sums of profit
Tariff
Tax
Protective tariff
A tax meant to protect American industry from foreign competition