Unit 5 Early Republic Vocabulary -Washington

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precedent

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something done or said that becomes an example for others to follow.

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a group of advisers to a president

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cabinet

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money owed by the United States

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national debt

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groups that help elect people to office and shape policies

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political parties

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An economy with fairly constant output growth and low and stable inflation would be considered economically stable.

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Stable economy

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___________ ___________-or national defense is the security and defense of a nation state, including its citizens, economy, and institutions, which is regarded as a duty of government.

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National Security

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___________ ________- or foreign affairs refers to the management of relationships and dealings between countries.

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Foreign Relations

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_____________ _________- (tax) levied (placed) on imports to protect the domestic economy rather than to raise revenue (money)

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Protective Tariff

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___________Competition-Economic or market competition from foreign nations

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Foreign