Amsco Chapter 8- 10 Exam Questions With Correct Answers

Henry Clay; American System {Ans: His proposed plan for advancing the nation's economic growth consisted of three parts: 1) protective tariffs, 2) a national bank, and 3) internal improvements. The internal improvements, to be funded by the national government, were not approved because James Monroe felt that the Constitution did not allow it.}Erie Canal {Ans: A New York canal, completed in 1825, that linked the economies of western and eastern cities. It lead to more canal building, lower food prices in the East, more settlers in the West, and stronger economic ties between the regions.}implied powers {Ans: Even though a power is not specifically stated in the Constitution, it may be possible for the federal government to exercise a power.}railroads {Ans: A major economic development of the 1820s. By the 1830s they were competing directly competing with canals as a method for carrying passengers and freight.}Florida Purchase Treaty {Ans: An 1819 treaty, in which Spain turned over Florida and the Oregon Territory to the United States. The U.S. agree to assume $5 million debt and give up any claims in Texas.}Samuel Slater {Ans: British-born textile producer and one of the first industrialists in America.