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The American System

Page history last edited by Mr. Hengsterman 7 years, 5 months ago

 

 

HENRY CLAY’s AMERICAN SYSTEM (1824)  

 Leads to specialization  and inter regional dependency (and sectionalism)

 
Re-charter National Bank (BUS –1816) – to provide national ; extend credit for land purchases and check state banks. 

 

Protective tariffs – promote American manufacturing and raise revenue for transportation infrastructure- Tariff revenues would fund roads and canals and eastern trade would flourish under tariff protection


Internal improvements  used to promote growth and commercial agriculture. 

 

HOW? Roads and waterways + new and faster vehicles = farmers connecting to new markets!!! 

 

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