American System

Who authored the American System?

• Clay

• Hamilton

• Monroe

• Madison

How did the American System propose to pay for infrastructure improvements?

• tariffs, taxes, and subsidies

• bank, loans, and investments

• foreign loans

• state responsibility

How was money to be controlled in the American System?

• National Bank

• Loan houses

• States

• Mints

Tariffs, National Bank, infrastructure improvement were all designed to aid in economic growth and expansion in what program designed by Clay?

• Era of Good Feelings

• Better Deal

• Monroe Doctrine

• American System

Which best describes a protective tariff?

• a tax on domestic goods

• a tax on foreign goods

• a tax on interest

• a bank that loans money to businesses

What 2 regions did the National Road connect?

• North and West

• North and South

• Canada and USA

What did all 3 phases of the American System have in common?

• Increase trade and promote business

• Create allies with foreign nations

• Limited the power of political parties

• Limit the power of the wealthy

Which of the following was NOT one of the phases of the American System?

• Transportation

• National Bank

• Protective Tariffs

• Support for the Military

Which region of the United States was the center of the nation's industrial and financial resources in the early 1800's?

• The West

• The North

• The South

• The Mid-Atlantic

Which of the following best describes the economy of the south?

• Agrarianism (agriculture)

• Commerce and manufacturing

• Banking and financing

• None of the above