The Rise and Fall of the American System:
Nationalism and the Development of the American Economy, 1790–1837
Songho Ha
Financial History
978 1 85196 999 9: 234x156mm: £60.00/$99.00
978 1 85196 694 3
The American System was implemented by the US government after the American-British War of 1812 to develop a national domestic market. This study explores the rise and fall of the system between its inception in 1790 and the Panic of 1837. Ha argues that the American System started as an expression of American nationalism but resulted in intensifying sectional conflicts within the young republic. It was only implemented in minor cases and a truly national market failed to emerge. In 1840, the South bought just 8% of the East’s production and even less of the West’s. Focusing on the political aspects of the American System, Ha investigates the underlying causes of its failure.
Sample pages
Readership
Economic History, Political History, American History
Contents
Introduction: What Was the American System?
1 Emergence of the American System, 1790–1815
2 The Growth of the American System and Its Challenges,
1815–24
3 Reform Mentalities and the Implementation of the American System: 1825–9
4 Decline of the American System, 1829–37
Conclusion: The American System and American Society and Economy, 1790–1837
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