CH8 TEXT Flashcards
Era of Good feelings
Monroe presidency years, filled with progress and nationalist pride
James Monroe
Won election of 1816
Tariff of 1816
Raised tariff rates after war of 1812 to protect us manufacturers
Henry Clay’s American System
Consisted of protective tariffs, national bank, and internal improvements to boost economy and manufacturing
Panic of 1819
After era of good feelings, economic disaster strikes after second bank of USA tightens credit
Changes in republican party
Split on old and new viewpoints, adopted ideals originally held by Hamilton
Marshall’s supreme court
Determined that state laws could be invalid, jurisdiction over state courts, etc
Western settlements
Acquired native american land, pressured by economy, improved transportation and influx of immigrants
Missouri Compromise
Bid for statehood, even rights between states
Cotton in south
boosted by cotton gin, more money means purchasing more slaves to run the plantations