American History

Running Head : HENRY CLAY S AMERICAN SYSTEMHenry patter s American dodge[Writer s Name][Name of Institution]Henry Clay s American SystemAs a response on the clashes in Congress around the problems of protective tariffs , which took place in the early 1820s , Henry Clay , a representative of the republican Whig Party , who was known as the great pacificator and compromiser , offered an extensive course on American unification and economic modernization , c entirelyed the American System This strategic program was representing the ideas of federalism based on the developments of much(prenominal) famous political and economic theorists as Alexander Hamilton and Frederich ListOne of the most-valuable purposes of the American System was to boost American economy by implementing three crucial complex steps . First of altogeth er , it was offered to consecrate protective tariffs on all imported goods at the level of 20-25 . This way it was supposed to make imported goods more(prenominal) expensive , to encourage American people to buy broadly internal products and protect content manufacturing , as well as to diminution the country s dependence on imported goods , largely from the large BritainThe second very important step was the inaugural to establish such institution as National aver , which would attain several significant functions .

Those include becoming the briny fall in in national financial system , encouraging topical anaesthetic banking institutions , promoting a single national currenc y , with child(p) so called crowned head a! ttribute (namely governmental credits as an alternative for credits from private banks and creating favorable financial purlieu for national trade and commerceThe expire step was improving national infrastructure at the put down of higher protective tariffs and incomes from drop sales , in to help business and trade . The activities included modernization of the country s expat system , .roads , canals , and other inside improvements to develop profitable markets for agriculture (Byrd , 1994 . Unfortunately , the American System could not find were enactedReferencesByrd , R . C (1994 . The Senate , 1789-1989 : Classic Speeches , 1830-1993 cap , D .C : Government notion OfficePAGEPAGE 2Henry Clay s American System...If you exigency to get a panoptic essay, order it on our website: OrderEssay.net

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