Early Republic Flashcards
(16 cards)
What was the first step in Hamilton’s Financial Plan?
Establish National Bank
What was the second step in Hamilton’s Financial Plan?
Pay off war debt
What was the third step in Hamilton’s Financial Plan?
Pass whiskey tax
What was the fourth step in Hamilton’s Financial Plan?
Protective tariff
What warning did Washington give in his Farewell Address?
Against having permanent foreign alliances and creating political parties
Who led the Federalist Party?
Alexander Hamilton
What were the three main goals of the Federalist Party?
- A stronger federal government
- An industrial economy
- A national bank
Who led the Democratic-Republican Party?
Thomas Jefferson
What were the three main goals of the Democratic-Republican Party?
- Less federal government power
- An agricultural economy
- State banks
What landmark case established judicial review?
Marbury v. Madison
What power did Marbury v. Madison give to the Supreme Court?
To declare laws unconstitutional
What was the significance of Gibbons v. Ogden?
Established federal rule over interstate trade
What did the Louisiana Purchase in 1803 achieve?
Doubled the size of the U.S.
What benefits did the U.S. gain from the Louisiana Purchase?
- Fertile farmland
- Access to Mississippi River
What was one of the causes of the War of 1812?
British impressment of U.S. sailors
What did the Monroe Doctrine prevent?
European colonization of land in the Western Hemisphere
