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What did the American System call for?

  • High tariffs

  • Free trade

  • Land redistribution

  • Gold standard

Answer

High tariffs were a key component of the American System, a comprehensive economic plan introduced in the early 19th century by Henry Clay. The American System aimed to promote the nation's economic self-sufficiency and development. It emphasized infrastructure improvements, such as roads and canals, to connect different regions and facilitate trade. Additionally, it called for a national bank to stabilize the financial system and provide credit for businesses.
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