Unit 4 Flashcards
Speculator
People who risk money to make a profit.
Bond
Paper notes promising to repay money in a certain length of time.
National debt
The amount of money the nation’s government owes.
Precedent
Start of a tradition.
Cabinet
The attorney general and the Secretaries of State,the treasury, and of war.
Inaugural address
A speech by the president of his plans for the next year.
Caucus
A meeting held by members of the same party.
Partisan
A person who favors one side of an issue.
Alien
An immigrant living in the country who is not a citizen.
Sedition
Activities aimed at weakening and established government
Nullify
To cancel or make ineffective.
State’s rights
Rights and powers independent of the federal government.
Laissez-faire
french philosophy which means “let (people) do (as they choose)”
Customs duties
Taxes on foreign imported goods.
Secede
Withdraw
Tribute
To pay for protection.
Impressment
To force people to serve in the navy
Embargo
To prohibit trade with another country.
Nationalism
Loyalty to ones country
Frigate
Warships
