short definition less than 50 words for each of:
declare war
delegated powers
Elastic Clause
excise tax
express (or enumerated) powers
Federal Reserve
implied powers
income tax
inherent powers
Internal Revenue Service
national debt
national treasury
naturalization laws
Necessary and Proper Clause
tariff
- Declare war: Act of officially announcing and initiating a state of war between two or more countries.
- Delegated powers: Powers granted to the federal government by the Constitution.
- Elastic Clause: Allows Congress to pass laws necessary and proper to carry out its enumerated powers.
- Excise tax: Tax on goods produced and consumed within a country.
- Express (or enumerated) powers: Powers specifically granted to the federal government by the Constitution.
- Federal Reserve: Central banking system of the United States.
- Implied powers: Powers not explicitly stated in the Constitution, but necessary for Congress to carry out its duties.
- Income tax: Tax imposed on individuals or entities based on their income.
- Inherent powers: Powers held by the federal government due to its status as a sovereign state.
- Internal Revenue Service: Government agency responsible for collecting taxes.
- National debt: Total amount of money owed by the federal government.
- National treasury: Repository of funds and assets owned by the federal government.
- Naturalization laws: Laws governing the process by which foreign nationals become citizens of a country.
- Necessary and Proper Clause: Gives Congress the authority to make all laws necessary for carrying out its enumerated powers.
- Tariff: Tax on imports or exports designed to protect domestic industries.