American System

Created by Henry Clay

Strong Banking System

-regulates currency

-stabilizes the economic system

-loans money to businessmen and farmers

-provides fast and easy credit

-reduces independence on foreign goods

Protective Tariff

-flourishes eastern manufacturing

-encourages consumers to purchase less-expensive, local products

-helps to protect/promote American industries from foreign competition

Internal Improvements

-creates networks of roads and canals which helps finance the nation by the tariff and land sales

-facilitates the transfer of goods and people between regions