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SS Vocab #7
| Term | Definition |
|---|---|
| Inauguration | Ceremony at which the President officially takes the oath of office |
| Precedent | An act or decision that sets an example for others to follow |
| Cabinet | Group of officials who head government departments and advise the President |
| National Dept | Total sum of money the government owes |
| Bond | Certificate that promises to repay money loaned, plus interest, at a late date |
| Speculator | Person who invest in a risky venture in the hope of making a large profit |
| Tariff | A tax on foreign goods brought into a country |
| Protective Tariff | Higher tax on imports to protect a country's industry from foreign competition |
| Foreign Policy | Actions that a nation takes towards other nations |
| Neutrality Proclamation | Policy that the U.S would not support either England or France in the French Revolution (Made by Washington) |
| Jay's Treaty | Treaty with England tat said England pay for damage ships and the U.s would pay debts owed to England- Did nothing to protect the U.S ships |
| Unconstitutional | Not permitted by the constitution |
| Political Party | Organized group who have the same views about government |
| Democratic Republicans | Political party that supported Thomas Jefferson's idea of government |
| Federalism | Political Party that supported ideas of Alexander Hamilton of government |
| States rights | Idea that states can over ride a national law |
| Sedition | Stirring up rebellion against a government |
| Nullify | To cancel |
| XYZ Affacir | Foreign event where France tried to bribe American officals |
| Alien and Sedition Acts | Two Laws that dealt with expelling foreigners and fining people who spoke out against the government(1798) |