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ch. 9 us history
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american system....
-urged the federal govt. to encourage enterprise w/ roads, canals, and a nation bank.
-future of colony lay in commerce and trade
-new england objected to projects b/c espenses and threatened control
economic panic of 1819 (recession)
BUS had +20 branches and competed w/ state banks
BUS had loose lending requirements
BUS only took gold and silver as payments from state banks
state banks fail, southerns / westenrs blame BUS
causes of economic panic of 1819
inflation after 1812 war
trade stopped, latin amer. became competion
1818 cotton prices drop b/c overproduction
congress tightens BUS lending,contraction of credit
over speculation of frontier land
missouri compromise
petioned to become a state in 1817
would upset balance
coulnt enter until 1821 b/c maine entered as free state in 1820
compromise didnt allow slavery north of 36 30 in lousiana territory
war of 1812 increased nationalism how?
american painters amer. land
building a nice national capital
expaned army
the era of good feelings is decribed as...
being marked by deep divisions over economical and sectional issues
john quincy adams presidency...
1824 elected
'currupt baragain' when appointed henry clay as sec. of state
least succesful president
Author
brittanystx
ID
13193
Card Set
ch. 9 us history
Description
ch. 9 us history wcjc
Updated
2010-04-05T21:25:02Z
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