Ch9 Terms

Ch9 Terms - Federico Nusymowicz Period 4 The Federalists ID...

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Federico Nusymowicz 9/27/2006 Period 4 The Federalists ID Hamilton’s Report on Manufacturing: written by the 1st U.S. Treasury Secretary, Alexander Hamilton to Congress in 1792 recommending economic policies to stimulate the new republic and make it independent from British manufacturing still controlled by King George III. Hamilton believed that manufacturing was superior to agriculture alone. Funding at par: Assumption: taking responsibility for. Tariff: tax on imported goods. Free enterprise: economic system in which the means of production are owned mostly privately, and capital is invested in the production, distribution and other trade of goods and services, for profit in a competitive free market. Implied powers: non-enumerated powers of the government that came along with their defined powers. 10 th Ammendment: reserved all the rights not explicitly delegated or prohibited by the constitution to the states or to the people. Strict construction: philosophy of judicial interpretation and legal philosophy that limits judicial interpretation to the meanings of the actual words and phrases used in law, and
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Ch9 Terms - Federico Nusymowicz Period 4 The Federalists ID...

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