FAST & CURIOUS || Clay's "American System"

What are the THREE major parts of Henry Clay's "American System"? Please select ALL THREE parts of this economic system.

• protective tariffs on foreign imported goods

• federal subsidies to create and develop infrastructure

• establishment of the Second National Bank

• federal subsidies to enlarge the United States Navy

• the establishment of a federal income tax

In 1816, most manufactured goods purchased in the United States were from which European countries?

• England

• France

• Germany

• Spain

• Italy

Which LEVEL of government would have a more significant role in the economy in Henry Clay's "American System"?

• local governments

• each state's government

• the federal government

Tariffs under the "American System" were meant to protect...

• American manufacturers from foreign competition.

• Henry Clay from his political opponents.

• American cotton producers from Indian competition.

• British imports from American competition.

Which REGION of the United States SUPPORTED the "Tariff Act of 1816"?

• Northern States; such as New York and Massachusetts

• Southern States; such as Virginia, North Carolina, and South Carolina

• Western States; such as Ohio, Kentucky, and Tennessee

To be "chartered" is when a bank is officially able to do business in a state or country. In what YEAR was the Second National Bank chartered?

• 1791

• 1812

• 1816

• 1836

Powers NOT specifically given to the federal government by the Constitution (like creating a national bank) are known by what term? These powers are created by the Necessary and Proper Clause of the U.S. Constitution.

• delegated powers

• implied powers

• inherent powers

• concurrent powers

Which of these are considered a form of "infrastructure" in the early 1800's? Please select ALL correct answers.

• roads

• canals

• railroads

• cotton plantations

• factories

Which POLITICAL PARTY, Clay's own, opposed many parts of the "American System"?

• Federalist Party

• Republican Party

• Democratic Party

• Democratic-Republican Party

Which of these was NOT a benefit of Clay's "American System" to the United States of the early 1800's?

• Opening the West to American settlement

• Economy of the United States became more independent

• Creating a stable business environment, currency, and economy for the United States

• Bringing the United State's and England's economies closer together