New Republic Vocab :D

Precedent

an act or decision that sets an example for others to follow.

Domestic

issues within the country

Foreign

issues dealing with other nations (outside the country)

Civic Virtue

A persons obligation to take an active role improving the

community, even at the cost of their individual interests

Laissez Faire

the idea that government should not interfere with people’s lives

Free Enterprise

the freedom of private businesses to operate competitively

for profit with little government regulation.

Nationalism

loyalty to a nation; strong national pride

Impressment

forcing people into military service, as in the British Navy

Judicial Review

the right of the Supreme Court to determine if a law violates

the Constitution.

Assumption

a government policy in which the national government takes over

(assumes) all state debt from the American Revolution.

Neutrality

Not choosing sides

Cabinet

a group of officials that advise the President

States’ Rights

The idea that individual states have the ability to limit the

power of the national government

Capitalism

an economic system, in which private individuals, not the

government, control what is produced, sold, bought, and invested in the market

place.

Embargo

ban on trade with another country

Capital

the cash or resources that a person can invest in a company

Sedition

conduct or speech inciting people to rebel against the authority of a

government

Agrarian

relating to characteristics of farmers and their way of life.