Title: What was the economic impact on the ending of the War of 1812 in Ohio?
Headings: What was the economic impact on the ending of the War of 1812 in Ohio?
What was the economic impact on the ending of the War of 1812 in Ohio?
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Content: Andrew Jackson and William Henry Harrison, two important figures in the War of 1812, earned the respect and admiration of the American people and later became leaders of the United States. During the Battle of Fort McHenry, “The Star-Spangled Banner”, the future national anthem of the United States, was written. During the War of 1812, the American economy went through many changes. The British blockaded the eastern coast of the United States, which prevented the Americans from engaging in foreign trade. This lack of international trade caused the Americans to begin manufacturing everything that they needed. Decaying, centuries-old factories in the United States were restored and reused, while new factories were being built. This post-war time also saw the invention of interchangeable parts and the cotton gin, which helped factories as well as farms to be more efficient. Henry Clay’s American System, which required a national bank, a “protective” tariff, and a strong transportation system, caused significant changes in the economy. The American System led to the creation of the Protectionist tariff of 1816 and the establishment of the Second Bank of the United States. The economy of the South went through changes and suffered a loss of labor since many slaves were helped by the British and were able to escape during the war.