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Published byKelley Berry Modified over 8 years ago
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Nationalism Unites the Country!
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This plan was to make the U.S. more economically self sufficient. Madison’s plan had 3 points.
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1. Establish a protective tariff. Tax on imported goods that protects the nation’s goods against foreign competition.
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2. Establish a National Bank. Promote a single currency. Make trade easier. 1816 Congress created the Second Bank of the U.S.
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3. Improve country’s transportation system.
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Election of 1816-Dem/Rep- faced NO competition. Dem/Rep James Monroe wins the Presidency!
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U.S. enters a time period known as Era of Good Feelings!
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