Revolutionary War Cards 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

Veto

A

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

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3
Q

Duty (duties)

A

A customs tax on the export or import of goods.

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4
Q

Boycott(s)

A

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

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5
Q

Mulatto

A

A person mixed African European ancestry

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6
Q

Propaganda (Propagandist)

A

A systematic program or particular materials designed to promote certain ideas; sometimes, but not always, the use of manipulative or deceptive means. (A propagandist is one who engages in such practices)

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7
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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8
Q

Mercantilism

A

Economic theory that closely linked a nations political and military power to its billions reserves. Mercantilist generally favored protectionism and colonial acquisition as means to increase exports.

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9
Q

Patronage

A

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

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