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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. [1]
The American System was a 19th-century economic policy known for promoting government-driven economic growth and development in the United States through internal manufacturing and trade. Henry Clay is generally considered the architect of the system, which is based on Alexander Hamilton’s Economic Plan.
Henry Clay 's "American System," devised in the burst of nationalism that followed the War of 1812, remains one of the most historically significant examples of a government-sponsored program to harmonize and balance the nation's agriculture, commerce, and industry.
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, John C. Calhoun and John Quincy Adams.
The American System was a program for economic development championed in the era following the War of 1812 by Henry Clay, one of the most influential members of Congress in the early 19th century. Clay's idea was that the federal government should implement protective tariffs and internal improvements and a national bank should help develop the ...
What is the American System definition? The American System was an economic plan to make the United States more economically self-reliant and less dependent on Europe, especially Great...
Henry Clay was an American statesman, U.S. congressman (1811–14, 1815–21, 1823–25), and U.S. senator (1806–07, 1810–11, 1831–42, 1849–52) who was noted for his American System (which integrated a national bank, the tariff, and internal improvements to promote economic stability and prosperity) and was a major promoter of the ...
This detailed study of Henry Clay and the American System -- a program of vigorous economic nationalism dependent on active government and constitutional aspects of what was perhaps Clay's greatest contribution to national policy, a contribution that has received surprisingly little study until now.
American legislation, fostering American indus try, instead of allowing it to be controlled by for~ign legislation, cherishing foreign industry. The foes of the American System, in 1824, with great boldness and confidence, predicted, 1st. The ruin of the public revenue, and the creation of a necessity to resort to direct taxation. The
In Henry Clay. …who was noted for his American System (which integrated a national bank, the tariff, and internal improvements to promote economic stability and prosperity) and was a major promoter of the Missouri Compromise (1820) and the Compromise of 1850, both efforts to shield the American union from sectional discord over slavery.….