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rodikova [14]
3 years ago
15

The American System promoted which of the following? (Choose all answers that apply.)

Social Studies
1 answer:
andre [41]3 years ago
6 0

The correct answers are: A, C and D.

The 'American System' was a government-sponsored program to harmonize and balance the nation's agriculture, commerce and industry following the war of 1812.

The system consisted of three mutually reinforcing parts:

<em>- the establishment of a national bank</em> to foster commerce. The bank would promote a single currency to make trade easier,

- <em>federal subsidies for roads</em>, canals and other means of transport to improve the overall efficiency of infrastructure,

-<em> the promotion of protective tariffs </em> to protect America industries and generate revenue for the federal government. The tariffs were a 20% to 25% tax on imported goods to protect the businesses from foreign competition.

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:)

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