Recording-2025-02-11T20_23_18

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Last updated 3:13 AM on 2/13/25
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10 Terms

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Debt

An obligation to pay or do something to another party.

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Articles of Confederation

The original constitution of the United States, adopted in 1781, which created a weak federal government.

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Default

Failure to fulfill a financial obligation, particularly in relation to debt repayment.

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Unicameral legislature

A legislature with a single legislative chamber.

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Bicameral legislature

A legislature with two chambers, typically a house and a senate.

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Veto

The right of a president or other official to reject a decision or proposal made by a law-making body.

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Tariff

A tax imposed on imported goods and services.

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Secession

The action of withdrawing formally from membership of a federation or body, especially a political state.

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Federalism

The mixed or compound mode of government, combining general government with regional governments in a single political system.

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Electoral College

A body of electors established by the United States Constitution, which formally elects the President and Vice President of the United States.