Developed by Henry Clay
What is it?
- A strong banking system is necessary in order to provide easy and abundant credit. This would also support the expansion of business and trade.
2. Protective tariff
- Because of this, the eastern manufacturing would flourish. This would support the sale of American goods over those of foreign goods.
3. Internal improvements
- Roads and canals would knit the nation together and would be financed by the tariff and land sales revenues.