Chapter 7 - Glossary

Question 1

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

Answer 1

patronage

Question 2

The economic theory that all parts of a nation’s or empire’s economy should be coordinated for the good of the whole state.

Answer 2

mercantilism

Question 3

To decrease in value, as in the decline of the purchasing power of money.

Answer 3

depreciate

Question 4

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

Answer 4

veto

Question 5

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

Answer 5

monopoly

Question 6

In British law, special administrative courts designed to handle maritime cases without a jury.

Answer 6

admiralty courts

Question 7

The political theory that a class of persons is represented in a lawmaking body without direct vote.

Answer 7

virtual representation

Question 8

Pledges to boycott, or decline to purchase, certain goods from abroad.

Answer 8

nonimportation agreement

Question 9

A person of mixed African and European ancestry.

Answer 9

mulatto

Question 10

A customs tax on the export or import of goods.

Answer 10

duty (duties)

Question 11

Revenue collected by an intermediary rather than paid directly (e.g. a tax on trade that is passed along to consumers).

Answer 11

indirect tax

Question 12

A systematic program or particular materials designed to promote certain ideas.

Answer 12

propaganda (propagandist)

Question 13

An organized refusal to deal w/ some person, organization, or product.

Answer 13

boycott

Question 14

An increase in the supply of currency relative to the goods available, leading to a decline in the purchasing power of money.

Answer 14

inflation

Question 15

To leave government or the military without approval.

Answer 15

desert