Question

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

Answer 1

Correct answer is "c"

Step-by-step 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.