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vocab quiz #3
18 terms
| Term | Definition |
|---|---|
| cabinet | a group of advisors to the president |
| speculator | a person who risks money in hopes of a financial profit |
| alien | a person living in a country who is not a citizen of that country |
| nullification | a theory that states have the right to declare a federal law invalid |
| most-favoured nation | a policy between countries ensuring fair trading practices |
| judicial review | power of the Supreme Court to determine whether laws of congress are constitutional and to strike down those that are not |
| embargo | a government ban on trade with other countries |
| sedition | incitement to rebellion |
| nationalism | loyalty and devotion to a nation |
| impressment | a kind of legalized kidnapping in which people are forced into the military |
| revenue tariff | a tax on imports for the purpose of raising money |
| protective tariff | a tax on imports designed to protect American manufacturers |
| free enterprise system | market economy in which privately owned businesses have the freedom to operate for a profit with limited government intervention |
| interchangeable parts | uniform pieces that can be made in large quantities to replace other identical pieces |
| labour union | an organization of workers formed for the purpose of advancing its members interests |
| strike | work stoppage by workers to force an employer to meet demands |
| cotton gin | a machine that removes seeds from cotton fibre |
| corrupt bargain | and illegitimate agreement between politicians. Andrew Jackson and his supporters referred to his lost election in 1824 as a corrupt bargain |
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