Clay’s ECONOMICS

from F. Scott Fitzgerald – The Great Gatsby (Chapter V) on Rap Genius

Meaning

The American System, originally called “The American Way”, was an economic plan that played a prominent role in American policy during the first half of the 19th century. Rooted in the “American School” ideas of Alexander Hamilton, the plan “consisted of three mutually reinforcing 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.

Clay’s Economics

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