Social Studies Vocabulary
Terms
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- Political parties
- Elect government officials and shape fovernment policies.
- Nation debt
- The amount of money owed by the United States to its lenders.
- Strict construction
- The federal government should do only what the Constitution specifically says it can do.
- Speculators
- People who buy items at low prices in the hope that the value will rise.
- Electoral college
- Electors who would represent the popular vote
- Right of deposit
- Allow American boats to transfer their goods at New Orleans without paying fees on their cargo.
- Protective tariff
- A tax on imported goods.
- Precedent
- An action or a decision that serves as an example for later generation.
- Bonds
- Certificates that represent money owed.
- Privateers
- Private ships allowed by a country to attack its enemies.
- Loose construction
- The federal government can take any reasonable actions that the Constitutuion does not specifically forbid it from taking.