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Political Buoyancy In The 'The Era Of Good Feelings'

Political Buoyancy In The 'The Era Of Good Feelings'

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The Era of Good Feelings, was marked by the triumph and tranquil state of America after the war of 1812. The Era of Good Feelings burgeoned in social structure, culture and political values with the rising spirit of nationalism, expansion of economy and manufacturing that shaped the country for several years.
Postwar economic affluence enhanced political buoyancy in the United States. The economy expanded as a result of the postwar buying and borrowing frenzy. Banks were lending money with little to no collateral to businessmen seeking to buy land, develop industries and build factories. The high protective tariff of 1816 promoted further domestic development. There was an increase in inflation along with the expansion. The country decided

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