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Chapter 7 section 3

Chapter 7 section 3. By Joe, Amy, Alexis Michaela and Jacob. Nationalists Economic Policies. Henry Clay advocated new economic nationalism. Said tariff of 1816 was part of American System. Wanted roadways and canals to link Atlantic with Midwest.

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Chapter 7 section 3

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  1. Chapter 7 section 3 By Joe, Amy, Alexis Michaela and Jacob

  2. Nationalists Economic Policies • Henry Clay advocated new economic nationalism. • Said tariff of 1816 was part of American System. • Wanted roadways and canals to link Atlantic with Midwest. • Favored reestablishment of national banks. • Charter of first bank expired in 1811. • Second bank established 1816.

  3. Marshall’s Court Boosts Federal Power • Marshall was justice from 1801- 1835. • Favored strong federal government and national economy. • Marbury vs. Madison (1803) • Established court’s power to review Congress. • Dartmouth College vs. Woodward (1819) Fletcher vs. Peck (1810) • Limited state government power • McChulloch vs. Maryland (1819) • Federal superior to state law. • Gibbons vs. Ogden (1824) • Regulates inter-state commerce.

  4. Economy Experiences Panics • Economy subject to periodic shocks. • Results of busts in a boom and bust cycle. • During booms, high consumer demands, increased production. • When goods exceeded demand, bust. • Three panics from 1815 to 1860 • 1819 • 1837 • 1857 • Thousands lost jobs. • Farm prices fell, farmers lost property.

  5. American Literature and Art • Influenced by Nationalism. • American Renaissance. • James Fenimore Cooper novelist. • Leatherstocking Tales • William Simms

  6. Expanding United States • Monroe and Adams hoped to reduce tensions • Promoting national expansion • 1819 Spain sold Florida to the united states • Felt pressured to give up land from the Seminole war in 1818 • Seminoles fought with u.s. because they provided safe havens for slaves • Andrew Jackson led a force into Florida to seize Spanish forts • Adams-onis treaty • Ended Spanish claims with pacific coast territory • British claimed Oregon as well • 1818 united states and great Britain agreed to share the contested territory • After Americans settled in Florida

  7. The Monroe Doctrine • Adams formulated this policy • Responded to threats by European powers • Britain proposed uniting with the U.S. • 1823-issued European monarchies to stop meddling. • Became significant in the late 1890’s when U.S. sent armed forces into Latin American countries

  8. Compromise of Slavery • Scared for unbalance if Missouri came as a slave state • Missouri Compromise • Northern Massachusetts became Maine which is a free state • Line across the continent dividing free and slave states • Southwest corner of Missouri to nation’s western boundary • South of line were slave states • North of the line were free states

  9. Thanks for listening

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