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The American System and the Economic Development of the United States

Explore the American System, an economic and cultural policy package post-War of 1812. Learn about protective tariffs, internal improvements, national bank, and public land policies shaping the nation's economic landscape. Dive into the debate over government intervention in the economy and its impact on different regions and industries.

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The American System and the Economic Development of the United States

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  1. The American System and the Economic Development of the United States

  2. What was the American System? 1. An economic and cultural policy package in the post-War of 1812 United States 2. Political platform of the Democratic Republicans in the 1810s and 1820s and the Whig Party in the 1830s and 1840s

  3. Henry Clay (1777-1852) and the American System Coined by Henry Clay (March 31, 1824): “a genuine American system” Protection of domestic manufactures through protective tariffs

  4. The American System – Continued….. Policies a. Protective Tariffs b. Internal Improvements (roads and canals) c. National Bank (The First Bank of the United States: 1791-1811; The Second Bank of the United States: 1816-1836) d. Public Land Policies for Revenue

  5. The American System Protective Tariffs Internal Improvements: Roads and Canals Public Land Policies National Bank

  6. Philosophy…. Should the U.S. Government intervene in the Economy? Approach: Initiatives of the federal government in the economy Economic purpose: Creation of domestic market a. South: cotton b. West: grains and livestock c. Northeast: manufacturing

  7. Examples of the American System a. Protective Tariffs Acts of 1828 and 1832 b. Cumberland (National) Road (1811- 1839) c. The Second Bank of the United States (1816-1836)

  8. The Second Bank of the United States (Philadelphia)

  9. Thomas Jefferson

  10. James Madison

  11. James Monroe

  12. John Quincy Adams

  13. Andrew Jackson

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