Unit 4 - Early Republic Flashcards
What was Hamilton’s Financial Plan?
Hamilton planned to stabilize the economy by establishing a national bank, whiskey tax, and protective tariffs. This would also pay off war debt.
What was Washington’s Farewell Address?
In his speech, Washington warned against forming permanent foreign alliances and creating political parties.
What is a Federalist Party?
People who wanted a stronger federal government, an industrial economy, and a federal bank.
What is a Democratic-Republican Party?
People who wanted less federal government power, an agricultural economy, and state banks.
What was the Louisiana Purchase?
In 1803, the U.S gained fertile farmland and access to the Mississippi River from France. It doubled the size of the U.S.
What was the Monroe Doctrine?
It prevented European colonization of land in the Western Hemisphere.
Why was the Marbury v.s Madison an important case?
It established judicial review, which gave the Supreme Court power to declare laws unconstitutional.
Why was the Gibbons v.s Ogden case important?
It established federal rule over interstate trade.
What caused the War of 1812?
It was caused by the British impressment of U.S sailors.
