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Published byVerity Blake Modified over 9 years ago
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Henry Clay’s American System By Joel Rodgers, Dirk Glenn, Emma McWilliams, Mason Anderson
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Proposal for Interdependence Concentrated on Agriculture, Commerce, and Industry 3 Components ▫Protective Tariff on imported goods ▫A National Bank ▫Government subsidies for roads, canals, and turnpikes
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Protective Tariff High Tax on imported goods Insured that citizens would buy American goods Protected the American industry Provided revenue for transportation improvements
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National Bank Replaced Hamilton’s national bank Established sound credit Promoted a national currency
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Transportation Proposed that new roads, canals, turnpikes and steamboats be built Would make transportation more efficient ▫More cost effective ▫Would take less time ▫Unified regions
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Significance/ Nationalism Interdependence ▫South provided raw materials (cotton) ▫Land sales in the West funded transportation and provided food for New England ▫New England manufactured goods to sell back to the South and West Faster modes of transportation: ▫Allowed people to get out of their region ▫Made them feel like part of a larger cause ▫Enabled products to get from one part of the country to the other quickly
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