Unit 4 - 1
America became isolated from Europe in the years that followed the War of 1812. They needed to strengthen the United States economy to protect itself from outsiders powers. Politicians and citizens use these views to form the “American system”. this system was designed to keep American Goods in America.
The American system caused many economic and social changes between 1812 and the 1860s. These changes were called the market Revolution.
The creation of a National Bank was a key component of the American system. Before the War of 1812 Congress refuse to read chart of the First National Bank. offering a variety of credit and currencies, the state Charter their own Banks. There were more than 400 banks in 1818 all offering their
America became isolated from Europe in the years that followed the War of 1812. They needed to strengthen the United States economy to protect itself from outsiders powers. Politicians and citizens use these views to form the “American system”. this system was designed to keep American Goods in America.
The American system caused many economic and social changes between 1812 and the 1860s. These changes were called the market Revolution.
The creation of a National Bank was a key component of the American system. Before the War of 1812 Congress refuse to read chart of the First National Bank. offering a variety of credit and currencies, the state Charter their own Banks. There were more than 400 banks in 1818 all offering their