1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bas_tet [7]
3 years ago
15

Who is the author of the American System?

History
1 answer:
MakcuM [25]3 years ago
4 0

Answer:

Senator Henry Clay of Kentucky

Explanation:

The American System was an economic plan that played an important role in American policy during the first half of the 19th century. Rooted in the "American School" ideas of Alexander Hamilton, the plan "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".[attribution needed][1] Congressman Henry Clay was the plan's foremost proponent and the first to refer to it as the "American System."

A plan to strengthen and unify the nation, the American System, was advanced by the Whig Party and a number of leading politicians including Henry Clay and John Quincy Adams. Motivated by a growing American economy bolstered with major exports such as cotton, tobacco, native sod, and tar they sought to create a structure for expanding trade. This System included such policies as:

Support for a high tariff to protect American industries and generate revenue for the federal government

Maintenance of high public land prices to generate federal revenue

Preservation of the Bank of the United States to stabilize the currency and rein in risky state and local banks

Development of a system of internal improvements (such as roads and canals) which would knit the nation together and be financed by the tariff and land sales.

Clay protested that the West, which opposed the tariff, should support it since urban factory workers would be consumers of western foods. In Clay's view, the South (which also opposed high tariffs) should support them because of the ready market for cotton in northern mills. This last argument was the weak link. The South never strongly supported the American System and had access to plenty of markets for its cotton exports.

Portions of the American System were enacted by the United States Congress. The Second Bank of the United States was rechartered in 1816 for 20 years. High tariffs were first suggested by Alexander Hamilton in his 1791 Report on Manufactures but were not approved by Congress until the Tariff of 1816. Tariffs were subsequently raised until they peaked in 1828 after the so-called Tariff of Abominations. After the Nullification Crisis in 1833, tariffs remained the same rate until the Civil War. However, the national system of internal improvements was never adequately funded; the failure to do so was due in part to sectional jealousies and constitutional squabbles about such expenditures.

In 1830, President Jackson rejected a bill which would allow the federal government to purchase stock in the Maysville, Washington, Paris, and Lexington Turnpike Road Company, which had been organized to construct a road linking Lexington and the Ohio River, the entirety of which would be in the state of Kentucky. Jackson's Maysville Road veto was due to both his personal conflict with Clay and his ideological objections.

You might be interested in
Which are examples of taking personal responsibility? Check all that apply.
Y_Kistochka [10]
Turning yourself in to the authorities.
^that was the answer to mine
4 0
4 years ago
Why do you think that tertiary and quaternary periods have greater resolution in their subdivisions (epochs) than the periods co
user100 [1]
I believe that the answer to the question provided above is that that tertiary and quaternary periods have greater resolution in their subdivisions (epochs) than the periods composing the paleozoic era because of the sudden changes of the <span>tertiary and quaternary periods  it is subdivided.</span>
Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.


3 0
4 years ago
Was the united states successful in its policy of containment in the korean war?
wel

Answer: The Korean War seemed to confirm the view of a worldwide communist conspiracy and ensured that the Cold War spread to Asia. ... The temporary division of Korea along the 38th parallel was a success for the policy of containment, as communism did not spread into South Korea

Explanation: I’m smart plz give brainlest

8 0
3 years ago
What is a liturgical drama?
olga2289 [7]

Answer:

Liturgical drama, in the Middle Ages, type of play acted within or near the church and relating stories from the Bible and of the saints.

Explanation:

8 0
3 years ago
One reason the fegitive slave act of 1850 angered northerners was that it
sweet [91]
It increased federal intervention in the affairs of the independent states
3 0
3 years ago
Other questions:
  • How did the revolutionary war affect South Carolina's Economy
    10·1 answer
  • The Answer is C because the dinosaurs were declining by the end of the Cretaceous So the Meteor/Comet was the fatal blow for the
    12·1 answer
  • Match each idea to the document it is associated with, either the articles of confederation or the constitution
    7·1 answer
  • What are the three parts of ancient egyptian history?
    5·1 answer
  • Which development of the late 1880 led many indians to believe that their hunting grounds and traditional way of life would be r
    9·1 answer
  • Cyrus McCormick invented?
    15·2 answers
  • A group of 300 Spartans held back Xerxes army for 3 days in which battle?
    12·1 answer
  • Enlightenment philosophers aimed to preserve the rights of individuals, including the right to an education. assemble. a job. ru
    9·2 answers
  • Which best describes the Democratic Party in the 1800's
    10·1 answer
  • KEY QUESTION: WHAT WAS THE IMPACT OF PSEUDOSCIENTIFIC IDEAS OF
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!