Question

what was the american system?

Answer 1

Henry Clay advocated the American System. The idea was to build the American economy in the early 1800s.
Included 3 points.
Build infrastructure: roads, canals etc
High tarriffs to keep foreign goods out
A national bank to improve the economy

Answer 2

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Answer 3

The American System was created just after the end of the war of
1812. The Plan had 3 parts.
1. The start of a Protective Tariff, or a tariff, tax, on imported goods
which would be set at such a high rate that no American would buy
that good. This would support the sale of AMERICAN GOODS over
those of foreign goods.

2. The US Government would fund " Internal Improvements" such as
the building of roads, like the National Road and the building of
canals, like the Erie canal.

3. The reestablishment of the Bank of the US, called the " 2nd bank
of the US. This would support the expansion of business and trade.