Question

In one or two paragraphs, describe how the American System changed the U.S. economy in the 1800s. Then explain why some people disliked the American System

Answer 1

Answer:

Answer: The American System changed the U.S. economy in the 1800s by developing new policies that improved the country's economic growth. ... Some people disliked the American System because it compromised their ability to sell products to other countries

Answer 2

Answer:

The establishment of a protective tariff, a 20%–25% tax on imported goods, would protect a nation's business from foreign competition. Congress passed a tariff in 1816 which made European goods more expensive and encouraged consumers to buy relatively cheap American-made goods.

The establishment of a national bank would promote a single currency, making trade easier, and issue what was called sovereign credit, i.e., credit issued by the national government, rather than borrowed from the private banking system. In 1816, Congress created the Second Bank of the United States.

The improvement of the country's infrastructure, especially transportation systems, made trade easier and faster for everyone. Poor roads made transportation slow and costly.

The American System became the leading tenet of the Whig Party of Henry Clay and Daniel Webster. It was opposed by the Democratic Party of Andrew Jackson, Martin Van Buren, James K. Polk, Franklin Pierce, and James Buchanan prior to the Civil War, often on the grounds that the points of it were unconstitutional.

Among the most important internal improvements created under the American System was the Cumberland Road.

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