1 / 14

The American System and the Economic Development of the United States

The American System and the Economic Development of the United States. What was the American System? 1. An economic and cultural policy package in the post-War of 1812 United States

cotee
Télécharger la présentation

The American System and the Economic Development of the United States

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The American System and the Economic Development of the United States

  2. What was the American System? 1. An economic and cultural policy package in the post-War of 1812 United States 2. Political platform of the Democratic Republicans in the 1810s and 1820s and the Whig Party in the 1830s and 1840s

  3. Henry Clay (1777-1852) and the American System Coined by Henry Clay (March 31, 1824): “a genuine American system” Protection of domestic manufactures through protective tariffs

  4. The American System – Continued….. Policies a. Protective Tariffs b. Internal Improvements (roads and canals) c. National Bank (The First Bank of the United States: 1791-1811; The Second Bank of the United States: 1816-1836) d. Public Land Policies for Revenue

  5. The American System Protective Tariffs Internal Improvements: Roads and Canals Public Land Policies National Bank

  6. Philosophy…. Should the U.S. Government intervene in the Economy? Approach: Initiatives of the federal government in the economy Economic purpose: Creation of domestic market a. South: cotton b. West: grains and livestock c. Northeast: manufacturing

  7. Examples of the American System a. Protective Tariffs Acts of 1828 and 1832 b. Cumberland (National) Road (1811- 1839) c. The Second Bank of the United States (1816-1836)

  8. The Second Bank of the United States (Philadelphia)

  9. Thomas Jefferson

  10. James Madison

  11. James Monroe

  12. John Quincy Adams

  13. Andrew Jackson

More Related