Unit 4: Nationalism and Economic Development Flashcards
(43 cards)
Era of Good Feelings
John Quincy Adams
- Rush-Bagot Agreement
- Convention of 1818
- Transcontinental Treaty of 1819
- Monroe Doctrine
Wanted to develop nation and move west
Sectionalism
is loyalty to the interests of one’s own region or section of the country, rather than to the country as a whole. It is often a precursor to separatism
James Monroe
was an American statesman who served from 1817 to 1825 as the fifth President of the United States
Nationalism
patriotic feeling, principles, or efforts
Tariff of 1816 (Protective Tariff)
Protectionists in Congress passed a tariff law: limited competition from abroad
Henry Clay
- Speaker of the House
- Republican
Went versus Jackson in 1834 election and lost
American System
This “System” consisted of three mutually reenforcing parts: a tariff to protect and promote American industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other “internal improvements” to develop profitable markets for agriculture.
Second Bank of the US
• Funding corporations= surrounded/ wrapped around economy
Jackson was against this
- Panic of 1819= Depression
- Destroyed economy
- charter expired–> bank closed–> Jackson won
Panic of 1819
- Western lands in high demand, esp. where cotton grew well
- Bought land on credit, many small banks made irresponsible loans
- 2nd Bank of the US forced smaller banks to call the loans
- -> affected (poor) farmers
- -> anger fueled Jacksons campaign
Fletcher v. Peck
a landmark United States Supreme Court decision in which the Supreme Court first ruled a state law unconstitutional
McCulloch v. Maryland
The state of Maryland had attempted to impede operation of a branch of the Second Bank of the United States by imposing a tax on all notes of banks not chartered in Maryland
Dartmouth College v. Woodward
was a landmark decision in United States corporate law from the United States Supreme Court dealing with the application of the Contract Clause of the United States Constitution to private corporations
Gibbons v. Ogden
was a landmark decision in which the Supreme Court of the United States held that the power to regulate interstate commerce, granted to Congress by the Commerce Clause of the United States Constitution, encompassed the power to regulate navigation
Implied powers
This “Necessary and Proper Clause” (sometimes also called the “Elastic Clause”) grants Congress a set of so-called implied powers—that is, powers not explicitly named in the Constitution but assumed to exist due to their being necessary to implement the expressed powers that are named in Article I
Tallmadge Amendment
was a proposed amendment to a bill requesting the Territory of Missouri to be admitted to the Union as a free state. This amendment was submitted on February 13, 1819, by James Tallmadge, Jr., a Democratic-Republican from New York, and Charles Baumgardner
Missouri Compromise 1820
- Maine admitted as a free state
- Missouri becomes a slave state
- No slavery north of 36’30” line
Rush-Bagot Agreement
was a treaty between the United States and the United Kingdom limiting naval armaments on the Great Lakes and Lake Champlain, following the War of 1812
Treaty of 1818
was an international treaty signed in 1818 between those parties. Signed during the presidency of James Monroe, it resolved standing boundary issues between the two nations. The treaty allowed for joint occupation and settlement of the Oregon Country, known to the British and in Canadian history as the Columbia District of the Hudson’s Bay Company, and including the southern portion of its sister district New Caledonia
Florida Purchase Treaty 1819
was a treaty between the United States and Spain in 1819 that ceded Florida to the U.S. and defined the boundary between the U.S. and New Spain
Monroe Doctrine
was a U.S. policy of opposing European colonialism in the Americas beginning in 1823. It stated that further efforts by European nations to take control of any independent state in North or South America would be viewed as “the manifestation of an unfriendly disposition toward the United States
Lancaster Turnpike
the first long-distance paved road built in the United States
National Road 1811-1818
Cumberland, MD to Ohio River
Erie Canal
a canal in New York that is part of the east–west, cross-state route of the New York State Canal System. Originally, it ran about 363 miles from Albany, on the Hudson River, to Buffalo, at Lake Erie
Robert Fulton
was an American engineer and inventor who is widely credited with developing a commercially successful steamboat called The North River Steamboat of Claremon
