Clay's American System

Henry Clay's American System was an economic plan aimed at strengthening the United States. It promoted internal improvements like building roads and canals to connect regions, encouraging commerce. The system supported a protective tariff to help American industries compete against foreign businesses. Additionally, it called for a national bank to stabilize the currency and credit. Together, these policies aimed to unify the economy, promote growth, and reduce dependence on Europe, fostering economic independence and national prosperity during the early 19th century.