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Question
the american system promoted which of the following? (choose the three answers that apply.) a. the establishment of a national bank to centralize currency and the requirement of states to back their currency with gold. b. the creation of a standing military ready to defend the nation from adversaries. c. an investment in infrastructure with new transportation routes that improved time, efficiency, and were cost - effective. d. the promotion of protective tariffs to ensure that newly developing industries would survive. e. the promotion and participation in an interdependent trade network across the globe.
The American System, proposed by Henry Clay in the early - 19th century, aimed at promoting economic development. It included the establishment of a national bank to manage currency and credit (A), investment in infrastructure for better transportation and economic growth (C), and the promotion of protective tariffs to safeguard domestic industries (D).
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A. The establishment of a national bank to centralize currency and the requirement of states to back their currency with gold.
C. An investment in infrastructure with new transportation routes that improved time, efficiency, and were cost - effective.
D. The promotion of protective tariffs to ensure that newly developing industries would survive.