THE VIRGINIA DYNASTY 1801 1825
JAMES MADISON AFTER THE WAR OF 1812 THE ERA OF GOOD FEELINGS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Protective tariffs, 2nd Bank of the U.S., and internal improvements
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Nationalism, the Bank of the U.S., and internal improvements
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Public credit, tariffs, and Bank of the U.S.
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None of these
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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.
Detailed explanation-3: -The American System was an attempt to put government power and money behind improvements such as roads, canals, and steamboats. While government projects such as the National Road made it easier for settlers and peddlers to move West, the cost of moving agricultural goods to markets in the East remained high.