Question

1. Explain Henry Clay’s American System. How did this promote a spirit of nationalism in America? (200-300 words)

Answer 1

Answer:

The three parts of the American system were mutually reinforcing and planned to address the fresh, increasing demands of the young nation.

Explanation:

Henry Clay’s American System stressed the requirement for the federal government to play a significant role in the economic development of the country. The three sections of the American system were focused on a new national bank, taxing international imports and constructing new roads and canals as a subsidized transportation network.

This system has national importance because America was equipped with natural resources, but industries were needed to produce finished goods. The government of the United States wanted to establish an economic climate in which it would prosper, the capital was made accessible to the businessmen to build factories and citizens would have access to well transportation infrastructure.