<P> The American System was an economic plan that played a prominent 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 care ; and federal subsidies for roads , canals , and other ' internal improvements ' to develop profitable markets for farmculture '' . Congressman Henry Clay was the plan 's foremost proponent and the first to refer to it as the `` American System '' . </P>
<P> The American System was an economic plan that played a prominent 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 care ; and federal subsidies for roads , canals , and other ' internal improvements ' to develop profitable markets for farmculture '' . Congressman Henry Clay was the plan 's foremost proponent and the first to refer to it as the `` American System '' . </P>
who created the plan that became known as the american system
who created the plan that became known as the american system
Alexander Hamilton
Alexander Hamilton