American System Definition and Creator

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What was a significant feature of Henry Clay's American System?

Infrastructure projects with no government assistance

Exclusive reliance on state and local governments for funding

Infrastructure projects funded solely by private investors

Federal government-sponsored infrastructure projects (correct)

How were the New York State Erie Canal system projects primarily financed?

Exclusively by the federal government

Fully by the state government with no private investment

By local governments without federal assistance

Partly by the New York state government and partly by private investors (correct)

What impact did the Transcontinental Railroad have on the United States?

Connected the east and west coasts for the first time (correct)

Had no significant effect on transportation

Resulted in the collapse of local currencies

Was solely funded by private investors

Which political party emerged in the mid-1850s, supporting the American System ideas?

The Republicans Signup and view all the answers

What action did Abraham Lincoln's administration take regarding American currency?

Created a unified currency known as greenbacks Signup and view all the answers

How did the Pacific Railways Act of 1862 contribute to American transportation?

Spurred the building of a rail system connecting California with the rest of the country Signup and view all the answers

What was a major outcome of having greenbacks as a unified currency in America?

Aided in America's industrial growth in the late 19th century Signup and view all the answers

Why did the Whig party eventually decline in influence?

Shift in support to the emerging Republican party Signup and view all the answers

What was a key aspect of Henry Clay's American System?

State and local government assistance in infrastructure projects Signup and view all the answers

How did the Pacific Railways Act of 1862 impact the United States?

It connected California with other states Signup and view all the answers

What was the significance of the Transcontinental Railroad in the 1860s?

It connected the east and west coasts of the United States Signup and view all the answers

How did the Whig party's decline influence the emergence of the Republicans?

The Whigs' demise led to space for a new political party Signup and view all the answers

What role did greenbacks play in America's currency system?

They unified various American currencies Signup and view all the answers

Why did private investors fund projects like the New York State Erie Canal System?

To connect New York to the national system aided by federal support Signup and view all the answers

What was a major economic benefit of building canals and roads in the United States during this period?

Improved efficiency in transporting goods Signup and view all the answers

American System Definition and Creator

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