American System, Beneficial?

Henry Clay and American System

Henry Clay's American System is embraced by our President James Monroe, for he is a leading member of House of Representatives and a Democratic-Republican Party advocate. America, now in debt from the previous war, need a proper economic plan to adjust America's financial status. Henry Clay's American System, might be the plan that can fix our nation's economical flaws. American System consists of 3 parts; they are: