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February 29, 2020
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American System (apr 1, 1816 – apr 1, 1830)

Description:

Who: Henry Clay (KY), Madison
What: 1. New national bank 2. Tariff on imported goods because Great Britain is flooding our markets. 3. Federal financing of roads and canals. Madison vetoes $ for roads and canals, but other two become law.
When 1816-1830
Where: US
Why: Government sponsored economic development, established new industries, reduce dependence on foreign made goods.

Added to timeline:

2 months ago
0
0
36
Units 1-5
FF

Date:

apr 1, 1816
apr 1, 1830
~ 14 years
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