American Revolution Flashcards

1
Q

Monopoly

A

The complete control in the product or sphere of economic activity by a single producer of business

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2
Q

Mercantilism

A

Economic theory that closely linked a nation’s political and military power to its bullion reserves

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3
Q

Veto

A

The constitutional right of a ruler or executive to block legislation passed by another unit of government

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4
Q

Duty

A

A customs tax on the export or import of goods

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5
Q

Mulatto

A

A person of mixed African and European ancestry

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6
Q

Inflation

A

An increase in supply of currency relative to the goods available

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7
Q

Boycotts

A

And organize refusal to deal with some person or organization or to buy a certain product or service

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8
Q

Propaganda

A

A systematic program or particular materials designed to promote certain ideas

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9
Q

Patronage

A

A system in which benefits including jobs money or protection are granted in exchange for political support

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