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chap. 9th
Question | Answer |
---|---|
what is the Erie canal | it reduced the cost of moving goods from Buffalo to Albany to 1/12 the previous rate. |
what else did the Erie canal do | it helped make New York city the unchallenged commercial capital of the nation. |
what are banknotes | promises to redeem their paper in specie (gold/silver) @ the bearer's request |
what is the American system | a high protective tariff to stimulate industrial growth and provide a "home market" for the farmers of the west |
what is the Missouri compromise | to couple the admission of Missouri as a slave state with the admission of Maine as a free state |