Essay History: Monarchy and British Political Party

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Tory- A member of a British political party, founded in 1689, that was the opposition party to the Whigs and has been known as the Conservative Party since about 1832
Correspondence- The act, fact, or state of agreeing or conforming.
Embargo- A government order prohibiting the movement of merchant ships into or out of its ports.
Tariff- A list or system of duties imposed by a government on imported or exported goods.
Encomienda- is a labor system that was employed mainly by the Spanish crown during the colonization of the Americas and the Philippines.
Agrarian- of or relating to fields or lands or their tenure
Colony- a body of people living in a new territory but retaining ties with the parent state
Empire- a major political unit having a territory of great extent or a number of territories or peoples under a single sovereign authority; especially: one having an emperor as chief of state, the territory of such a political unit
Socialism- any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
Capitalism- an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
Mercantilism- an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy usually through policies designed to secure an accumulation of bullion, a favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies
Feudalism- the system of political organization prevailing in Europe from the 9th to about the 15th centuries having as its basis the relation of lord to vassal with all land held in fee and as chief characteristics homage, the service of tenants under arms and in court, ward ship, and forfeiture
Parliament- a formal conference for the discussion of public affairs; specifically : a council of state in early medieval England or, an assemblage of the nobility, clergy, and commons called together by the British sovereign as the supreme legislative body in the United Kingdom
Merchant marine- the privately or publicly owned commercial ships of a nation
Suffrage- a short intercessory prayer usually in a series or a vote given in deciding a controverted question or electing a person for an office or trust democracy- government by the people; especially : rule of the majority or a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections
The “Crown” (this isn't from the online dictionary... so using the process of elimination here.) - is a corporation sole that, in the Commonwealth realms and any of its provincial or state sub-divisions, represents the legal embodiment of executive, legislative, or judicial governance. It evolved first in the United Kingdom as a separation of the literal crown and property of the nation state from the person and personal property of the monarch. The concept spread via British colonization and is now rooted in the legal lexicon of the other 15 independent realms. In this context it should not be confused with any physical crown, such as those of the British state regalia.
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