| Term | Definition |
|---|
| national debt | money owed by country |
| bonds | certificates of debt |
| speculators | people who bye items and wait for the price to go up |
| loose construction | the goverment can take resonable actions that the constitution says not to do, belief that the government can do anything that the constitution does not prohibit |
| strict construction | that the goverment should follow, belief that the goavernment should not do anything that the constitution does not specifically say it can do |
| bank of the united states | the countries first national bank, A place where all the tax money would go, money would be printed, loans issued, and loans regulated. |
| political parties | groups that share the same belifs in voteing, organization that tries to influence gov. policy by promoting its ideas and backing candidates for office |
| federalist party | wanted a strog goverment and supported trade, wanted to make the federal government stronger and promote industry and trade |
| democratic-republican party | wanted to limit the goerments powers |
| xyz affair | American anger over bribes demanded by French diplomats |
| alien and sedition acts | A series of laws that sought to restrict the activities of people who opposed Federalist policies. |
| Alexzander Hamilton | member of the Continental Congress and Constitutional Convention, he was an author of the Federalists Papers, which supported the ratifacation of the Constitution. |
| economy | frugality in the expenditure of money or resources |
| war debts | When America earned it's independence, it's most serious problem was finding ways to pay off the state by ____________________ |
| national bank | a commercial bank chartered by the federal government |
| Thomas Jefferson | Main author of the Declaration of Independence, 3rd President of the United States, Secretary of State |
| James Madison | 4th President of the United States, Father of the Constitution, One of the leaders of the Constitutional Convention |
| French Revolution | the revolution that began in 1789, overthrew the absolute monarchy of the Bourbons and the system of aristocratic privileges, and ended with Napoleon's overthrow of the Directory and seizure of power in 1799. |
| Revolutionary War | A war between the British and the colonists. The colonists wanted to be free of British rule. |
| Federalists | supporters of the constitution |
Combine with other sets
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