Social Studies Chapter 6, Review

Vocabulary to know convention capital representative Constitution amendment ratify free enterprise stock exchange (index cards were made in class)

A new government The goal was for delegates to meet in Philadelphia to create a new government for the now independent states Representatives met for a convention John Jay led in the writing of the Constitution

New government had to: work out treaties with Native Americans end trade disputes settle land claims

NY Capitals 1777: Kingston was the capital of NY 1797: Capital was the moved to Albany because it was centrally located for all New Yorkers

The Federalist Papers James Madison, John Jay, and Alexander Hamilton wrote essays to PERSUADE people to accept the new Constitution

The Bill of Rights The first ten amendments to the Constitution are called the Bill of Rights -they protect the rights of ordinary citizens

George Washington Became the first President of the United States in 1789 Sworn in in New York City

Empress of China One of the first ships to open trade with the US and China

Banks People recognized there was money in trade and needed to borrow money to pay for their goods and start their own businesses. this is the start of Banks Alexander Hamilton: started the Bank of NY Elkanah Watson: State Bank of Albany

Buttonwood Agreement -companies needed money so they sold stock, the Bank of NY began to raise money by selling stocks. People met under a buttonwood tree in New York City. Signed an agreement that set up the first stock exchange in the US