American System (economic plan)

E65629

economic policy economic program historical doctrine

The American System was an early 19th-century U.S. economic program championed by Henry Clay that promoted protective tariffs, a national bank, and federal investment in internal improvements to foster national economic growth and self-sufficiency.

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Observed surface forms (2)

Surface form	Occurrences
American System	2
American System of internal improvements and protective tariffs	1

Statements (45)

Predicate	Object
instanceOf	economic policy ⓘ economic program ⓘ historical doctrine ⓘ
aimedAt	economic self-sufficiency ⓘ national economic growth ⓘ national unity ⓘ
associatedWith	Era of Good Feelings ⓘ Whig Party ⓘ
beneficiary	Northern manufacturers ⓘ Western farmers ⓘ
coreIdea	interdependence of U.S. regions ⓘ strong role for Congress in economic policy ⓘ use of federal power to guide economic development ⓘ
country	United States of America ⓘ surface form: United States
economicPhilosophy	economic nationalism ⓘ protectionism ⓘ support for internal improvements ⓘ
geographicFocus	national infrastructure ⓘ
goal	integrate regional economies ⓘ reduce dependence on foreign goods ⓘ stabilize currency and credit ⓘ
hasPart	federal internal improvements ⓘ national bank ⓘ protective tariffs ⓘ
historicalContext	post-War of 1812 economic nationalism ⓘ
influenced	Republican economic policies in the 1860s ⓘ Whig economic policy ⓘ surface form: Whig economic ideology
influencedBy	Alexander Hamilton's economic program ⓘ
legacy	foundation for later U.S. infrastructure policy ⓘ precedent for federal economic intervention ⓘ
opposedBy	Andrew Jackson ⓘ Southern planters ⓘ states' rights advocates ⓘ
proponent	Henry Clay ⓘ
relatedEvent	Maysville Road veto ⓘ Second Bank of the United States ⓘ Tariff of 1816 ⓘ internal improvements debate ⓘ
startTime	1810s ⓘ
supportsPolicy	chartering of a national bank ⓘ development of a national market economy ⓘ federal funding of roads and canals ⓘ high protective tariffs on imports ⓘ promotion of domestic manufacturing ⓘ
timePeriod	early 19th century ⓘ

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Era of Good Feelings → associatedWithPolicy → American System (economic plan) ⓘ

this entity surface form: American System

United States presidential election of 1832 → campaignThemeOfHenryClay → American System (economic plan) ⓘ

this entity surface form: American System of internal improvements and protective tariffs

Report on Manufactures → influenced → American System (economic plan) ⓘ

Whig Party → supported → American System (economic plan) ⓘ

this entity surface form: American System