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3 years ago

What was a lasting result of Henry Clay's "American System"?

History

2 answers:

Temka [501]3 years ago

7 0

I believe the answer is: C a creation of a more national unified American trading economy

The core strategy behind the American system is to increase the tariff that imposed to foreign products when they enter united states. By doing this, Clay hoped to create a unified American trading by making it easier for local Small businesses to compete.

klasskru [66]3 years ago

6 0

Lasting result of Henry Clay's "American System" was that it had created a more national, unified American trading economy

Further Explanation:-

The Economic system was a plan with regards to Economy and it played a Pivotal role in This policy with respect to growth of American Economy took place during the first Half of the 19th Century. This policy came from American School from the ideas of Alexander Hamilton. This policy constituted of three principal plans and the first part was a tariff to protect and promote American Industry, Second was a national bank in order to foster commerce and trade and the third part consisted of subsidy by federal agencies in order to build roads, canals in order to gain profitable markets for the agricultural sector. Henry Clay, Who was a congressman, was behind the implementation of this system and the first one to refer this.

It was a plan in order to strengthen the economy as well as Unity of the Nation. This was advanced by Whig party with the support of many politicians such as Henry Clay as well as John Quincy Adams and John C. Calhoun. This plan wanted to increase American economy with exports such as Tobacco, Cotton, and Tar as these were considered as sources of expanding trade.

Learn more:

1. What is the best definition of marginal cost? brainly.com/question/9835311

2. In which section of the declaration of independence is the purpose of government described? brainly.com/question/1262575

3. An oligarchy is best defined as? brainly.com/question/5336791

Answer Details:

Grade – High School

Subject – History

Chapter –Henry Clay's "American System"

Keywords –Henry Clay, Economy, America, System, John Quincy Adams, John C. Calhoun, Agencies, Commerce, Trade, Federal agencies.

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