Black Friday is most associated with Jim Fisk and Jay Gould.
The correct answer is B) gave the government too large a role in the economy.
The main reason Democrats opposed the American system gave the government too large a role in the economy.
We are talking about the idea of Senator Henry Clay to implement the "American System." The Democrats totally opposed his project because they considered that the system gave the federal government a big role and more power to intervene in the American economy.
Clay's American System included a special tariff that aimed to over-protect the industry of the United States, federal subsidies to improve the American infrastructure such as roads and public services, and the creation of a national bank to impulse trade.
<span>Holmes dissented due to a belief that the opinion represented judicial activism, most specifically that it represented positions not held by the majority of the country. Moreover, he argued that the economic theory that was being used in the decision was not embodied in the Constitution.</span>
