THE VIRGINIA DYNASTY 1801 1825
HENRY CLAY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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New transportation systems built
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Protective tariffs to encourage American manufacturing
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A strong national leader
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A new national bank
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Detailed explanation-1: -The American System included financial support for roads, canals, bridges. These improvements to the nation’s infrastructure would facilitate trade and increase accessibility to markets. Revenue – Money would be raised by selling public land and imposing tariffs.
Detailed explanation-2: -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-3: -In the simplest terms, the goal of the American System was to assist the United States in becoming self-sufficient economically, while spurring massive market growth throughout the nation. Most hoped that this growth would eliminate regional boundaries and draw the country together.