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Bell Ringer What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of *Hint*
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What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

Jan 15, 2016

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Page 1: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

Bell RingerWhat are the 4 changes to the American System that

came from the Market Revolution.

AND

Give an example of each.

*Hint*

Page 2: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

The American SystemTariff of 1816:- British goods were cheaper

than domestic goods- Britain flooded the American

market with goods after the War of 1812

- This tariff would raise the price of British goods, making domestic goods more competitive

- Most “Northerners” approved of the tariff, while most “Southerners” did not

- The tariff passed when Clay and Calhoun endorsed it

(remember these names?)

Second B.U.S.:- Regional system made it

difficult to do business in different parts of the country

- The 2nd BUS was not as controversial of an issue as the tariff

- Allowed for one currency to be available in all regions

- Chartered by Congress in 1816 for 20 years

Transportation:- Needed a better

transportation system over land

- Mostly funded by the individual states

- The National Road (connected Maryland to the Ohio River Valley)

- The Erie Canal made NYC a dominant port city (like Boston and New Orleans)

In 1815, President Madison hoped to unite (bring together) the country’s diverse economies. The plan was endorsed by many, even long time Madison critics Clay and Calhoun!

Page 3: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

Nationalism – Domestic PolicyAs the presidents added new territories to the United States, settlers pushed into those new

areas. However, as territories grew in population, a problem would surface.

States as of 1818:- 10 “Free states”- 10 “Slave states”

Problem:- Missouri was ready to

become a state. The argument started over if that state should be a “free” or “slave” state.

- Either way, it would throw off the balance in Congress (making it 12 for one side and 11 for the other)

Solution:Missouri Compromise 1820- Missouri would be added to the United

States as a “slave state”- Maine would be added as a “free state”- Set up the 36* 30’ line

States as of 1819:- 11 “Free states”- 11 “Slave states”

Page 4: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

Missouri Compromise

Page 5: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

Nationalism – Foreign PolicyBackground: Many European countries had different land claims & authority in different regions

of the Western Hemisphere… (Canada, Mexico, America, Caribbean, etc.)

Land AcquisitionU.S. & Canada:- Demilitarized the border- Fixed the border at the 49th

parallel

Adams-Onis Treaty:- Spain ceded Florida to U.S.- Spain gave up its claim to the

Oregon Territory

Monroe DoctrineBackground:- Russia, Spain, and Portugal all

making a push for land rights in the west

- President Monroe warned all outside powers not to interfere with the western hemisphere

James Monroe as president, the U.S. continued to expand its territories and assert its place as a strong and independent nation!

Page 6: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

49th Parallel

Page 7: What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of each.

Nationalism – The Supreme CourtFletcher vs. Peck

Nullified a Georgia law that

violated an individuals right to enter into a

contract

McCulloch vs. Maryland

The state of Maryland could not

tax the national bank

(more details to come)

Gibbons vs. OgdenRuled that only the federal government

could regulate trade between

states:- interstate or

intrastate(more details to

come)

Dartmouth College vs. Woodward

The state could not interfere with

the college’s charter because it

was a contract

Just like Marbury vs. Madison, the Marshall Court continued to strengthen the Supreme Court’s power.

Giving it precedence to not only strike down federal laws (by saying they are “unconstitutional”) but also

nullify state laws that violate the constitution.