THE MARKET REVOLUTION, 1812–1845 Flashcards
1
Q
Congress does not renew the charter of the Bank of the United States.
A
1811
2
Q
Construction of the National Road begins.
A
1815
3
Q
Congress creates the Second Bank of the United States.
A
1816
4
Q
Tariff Act of 1816 imposes a 25 percent tax on imported manufactured goods.
A
1816
5
Q
Construction of Erie Canal begins.
A
1817
6
Q
Second Bank calls in all state loans, causing Panic of 1819.
A
1818
7
Q
New tariff act doubles tax on imports; Calhoun writes an essay stating the doctrine of nullification.
A
1828
8
Q
Locomotives come into use as a means of transportation.
A
1830
9
Q
Andrew Jackson closes the Second Bank, touching off the Panic of
1837.
A
1837
