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30 March, 23:10

In Henry Clay's "American System," how would new transportation networks to link the Midwest and North be financed?

A) income taxes

B) excises taxes

C) protective tariffs

D) international loans

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Answers (1)
  1. 31 March, 00:49
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    Correct answer is "c"

    Explanation:

    In the American System, the federal government would create a protective tariffs and internal development to support the transportation projects. It would involve the national bank owned by private stockholders, the federal government, and the federal subsidies.
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