Description
The American System was a policy implemented by the US government in order to develop a national domestic market. The policy was successful in the early years, but eventually failed due to the Panic of 1837.
The American System was implemented by the US government after the American-British War of 1812 to develop a national domestic market. This study explores the rise and fall of the system between its inception in 1790 and the Panic of 1837.