JACKSONIAN DEMOCRACY 1825 1850
DEMOCRACY IN AMERICA BY ALEXIS DE TOCQUEVILLE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following was NOT one of the three pillars of the American System?
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Investing more in foreign markets rather than on internal improvements
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A new national bank
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Federal financing for better roads and canals (“internal improvements”)
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Tariffs to protect American industry
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Explanation:
Detailed explanation-1: -This “System” consisted of three mutually reinforcing parts: a tariff to protect and promote American industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other “internal improvements” to develop profitable markets for agriculture.
Detailed explanation-2: -Internal improvements is the term used historically in the United States for public works from the end of the American Revolution through much of the 19th century, mainly for the creation of a transportation infrastructure: roads, turnpikes, canals, harbors and navigation improvements.
There is 1 question to complete.