4/9/2025
- Henry Clay's American System: Focus on internal improvements and infrastructure, along with increased tariffs.
- Maysville Road Bill: A proposed road in Kentucky vetoed by President Andrew Jackson, causing tension between Jackson and Clay's supporters.
- Andrew Jackson's Policies: Vetoes the Bank of the United States, reallocates funds to "pet banks"; referred to as a tyrant.
- Formation of the Whig Party: Emerges in response to Jackson’s perceived tyrannical actions; aimed to implement the American System.
- Whig Party Goals: Focus on infrastructure rather than territorial expansion to facilitate trade and economic development.
- Market Revolution: Occurs from 1800 to 1848, signaling a transformation in the U.S. economy; leads to an emphasis on trade and goods movement.
- Andrew Jackson's Objectives: Advocated for expansion to support agriculture.
- William Henry Harrison: First Whig president elected in 1840, but dies shortly after taking office; succeeded by Vice President John Tyler who did not adhere to Whig principles.
- The New Deal: Developed by Franklin D. Roosevelt to address suffering during the Great Depression through relief, recovery, and reform.
- Purpose: Aims to alleviate suffering and prevent future economic crises.
- Programs: Known as "Alphabet Agencies".
- Expansion of Federal Government: The New Deal expands federal involvement and faces criticism regarding tax expenditure.
- The Great Society: A similar social welfare program that builds upon the principles of the New Deal, also critiqued for federal expansion and tax costs.
- Critiques of Both Programs: Both the New Deal and Great Society criticized for increasing government size and the financial burden of their programs.