james monroe created the plan that became known as the american system.
who created the plan that became known as the american system?
james monroe
american system (economic plan)





























the american system was an economic plan that played an important role in american policy during the first half of the 19th century. rooted in the "american school" ideas of alexander hamilton, the plan "consisted of three mutually reinforcing parts: a tariff to protect and promote american industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other 'internal improvements' to develop profitable markets for agriculture". congressman henry clay was the plan's foremost proponent and the first to refer to it as the "american system".





























section::::history.
american system (economic plan)
in the 1970s, smith made a large contribution to our understanding of how interchangeability of mechanical parts went from concept to realization. he did this by rescuing the amazing work of gunmaker john hall at the harpers ferry armory from obscurity. during 1815-1834, hall had pulled together all previous progress on industrial standardization and combined it with brilliant machine designs and effective team management to realize the long-desired goal of true parts interchangeability. hall’s innovative breechloading us rifle model 1819 was the first product ever made in large numbers whose components could be freely exchanged with one another and still function. earlier industrial historians had often credited eli whitney with perfecting standardized parts prior to smith, but although whitney did make some progress toward the goal, he ultimately gave up the effort. smith’s research on hall’s work at harpers ferry has put the maine craftsman back in his proper position in the industrial pantheon. (david hounshell, from the american system to mass production, 1800-1932, p. 29.) hall’s manufacturing technique became known as the american system, and today it is universal. “although recognized by his contemporaries as a major contributor to the american system,” wrote industrial historian david hounshell in 1984, “john h. hall escaped the attention of modern historians until recently. merritt roe smith’s harpers ferry and the new technology has provided an outstanding study of hall’s achievements.” (hounshell, american system, p. 39.)
merritt roe smith