Building National Unity Flashcards
1
Q
What did West (Henry Clay) support?
A
Supported funding canals and roads to
transport goods
2
Q
What did North (Daniel Webster) support?
A
Supported high tariffs to promote/support industry
3
Q
What did South (John Calhoun) promote?
A
Promoted national unity but strong supporter of states’ rights
4
Q
What happened to 1st National Bank?
A
It begins to give out too many loans and inflation occurs.
5
Q
What is inflation?
A
Rising prices
6
Q
What happened to 2nd National Bank?
A
is privately owned to control money supply and give out loans.
7
Q
What happens to federalists?
A
They lose power and dissapear.
8
Q
What did James Monroe do?
A
He goes on a goodwill tour to bring Unity to the country.
