Monroes presidency Flashcards

0
Q

What hurt the Federalist party?

A

The doubts they expressed about the war of 1812

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1
Q

What happened after the war of 1812?

A

Divisions between states and regions that split the nation was replaced by a feeling of unity and pride

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2
Q

Who won the election of 1816?

A

James Monroe, a Republican

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3
Q

How did the Republican Party change?

A

Admitted Limited government wouldn’t work and promoted the Federalist idea of more Federal involvement in industrial and economic growth

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4
Q

Henry Clay

A

Republican speaker of the house from Kentucky

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5
Q

The principles of clays economic plan, the American system?

A
  • A new nation Bank of the United States
  • higher tariffs
  • infrastructure improvements (roads ,bridges and canals) Congress did not agree with this idea
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6
Q

What happened when first banks charter by making a national Bank Necessary?

A

State banks made too many loans and allowed too much money into circulation leading to inflation (rise in the prices of goods)

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7
Q

How the Supreme Court supported the creation of the second national Bank:

A

Ruled states could not tax the national bank

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8
Q

Why did American manufactures want higher tariffs?

A

British factories where more advanced and turned out more goods of higher quality at lower prices then American factories

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9
Q

How did the tariff of 1816 protect American manufacturers?

A
  • Placed high taxes on imports.
  • merchants who payed the tariff added the cost of the tariff to the prices, making imported items more expensive
  • consumers where more likely to buy cheaper goods from American manufactures
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10
Q

Why did the South oppose the high tariffs?

A
  • The South had few factories
  • southerners were paying higher prices for the goods they had to buy
  • stated the tariff protected northern industries at their expense
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11
Q

What is Socialism and what was causing it in the US?

A
  • Differences in the goals and interests of different parts of the country
  • differences in geography, economics and history
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12
Q

What were the sections in the US?

A
  • North: New England and mid Atlantic states
  • South
  • West: Appalachian Mountains to Mississippi River
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13
Q

What was the problems with Missouri’s statehood?

A
  • Most Missouri settlers were from Kentucky and Tennessee= slave states
  • Missouri was mostly north of the Ohio River- official border between slave and free states
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14
Q

Describe the Missouri compromise:

A

-Proposed by Henry Clay

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15
Q

The problem with the Missouri compromise:

A

Did not solve the underlying problem of differing opinions on slavery and how the economy of western states should be organized