Keywords E-F Flashcards

1
Q

Embargo

A

An official ban on trade or commercial activity.

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2
Q

Entrepreneur

A

A person who sets up a business or business, taking on financial risks in the hope of making profits.

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3
Q

Espionage

A

Spying.

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4
Q

Expansionist

A

Following a policy of territorial expansion.

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5
Q

Federal Reserve Board

A

A centralised system that allowed banks to run their own affairs with only limited government interference.

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6
Q

Federal system of government

A

There is a central system of government and also state governments. Each state has its own powers that are not subject to interference from central government.

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7
Q

Fenians

A

An Irish republican organisation set up in the USA in 1858, fighting for Irish independence from Britain.

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8
Q

Free trade

A

International trade that is left to run its course according to market forces and is not subject to duties or taxes.

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