Social Studies, 12.11.2020 18:00 zoeatlowapple

Henry Clay's American System attempted to protect American businesses from foreign competition and to increase trade within the United States through all of the following measures EXCEPT

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The American System was an economic program proposed in Congress by Henry Clay and supported by the Whig Party. It was a clearly protectionist plan, arising as a result of the War of 1812 and the isolation that this conflict produced from European markets, which were largely controlled by Great Britain. Thus, during this period America began to develop its internal industry and to generate the conditions that would allow it to become a self-sufficient nation in the early 1900s.

This plan was based on three fundamental premises. On the one hand, it sought to increase tariffs on imports to favor and promote national production, both agricultural and industrial; Furthermore, it sought to develop the nation's infrastructure so that it collaborates with the development of productive activities (creation of roads, railways, ports, etc.); and finally, the creation of a centralized monetary system, by means of which the federal government could control monetary and financial policies and thus contribute to the nation's economic development.

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Where is the map? explain the choices?

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question 1

the reasons for the global discontent in the early 1900s were the following:

desire for independence was the main fight of many territories which were still under the control of colonial powers. dissatisfaction with peace terms of wwi . the best example is the case of germany, that was forced by the peace treaties to pay very expensive war reparations to the winners of wwi. some time later, german leaders broke relations and stopped recognizing the authority of those who imposed sanctions on their country, counting with the support of the population that was suffering the important economic consequences of the payment of reparations. overproduction of consumer goods which led to hyperinflation scenarios and very week currencies and economies.

question 2

the reasons for the great depression were the following, and these led to wall street crash in october 1929 and caused the subsequent great recession period.

high personal debt, that ended up with many bankrupt investors. falling stock price as everybody was getting rid of the stocks, many because they could not meet the amounts of money required by the margins that backed their investments.

question 3

italy: led by the fascists and benito mussolini and promised to restore the greatness of the roman empire. germany: led by adolph hitler and the nazi party and conducted anti-jewish riots in austriajapan: was controlled by aggressive military leaders and invaded countries for their resources

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Henry Clay's American System attempted to protect American businesses from foreign competition and t...