The Market Revolution: Jacksonian America, 1815-1846 - Chapter 3, Summary & Analysis

Charles Sellers
This Study Guide consists of approximately 27 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of The Market Revolution.
This section contains 446 words
(approx. 2 pages at 400 words per page)
Buy The Market Revolution: Jacksonian America, 1815-1846 Study Guide

Chapter 3, Summary and Analysis

Chapter 3 continues the story of the rapid American expansion to strengthen their growing capitalist market and the potential of growing so wealthy as to become a world power; only the characters of the story change in fundamental ways. First, as Madison leaves office, he is replaced by James Monroe. However, Monroe continues the National Republican ambiguity between farming and commercial interests. However, by this time, the farming, "civil" peoples who oppose the rapacious commercialism of New England manufacturing are on the decline.

National Republicanism reigns supreme with the National Bank of the United States in control of the money supply. Henry Clay increases his political power and becomes Speaker of the House and pushes constantly for internal improvements, tariffs to strengthen national manufacturing interests and extension of subsidies into the American heartland to expand the American market nationwide. John C. Calhoun...

(read more from the Chapter 3, Summary)

This section contains 446 words
(approx. 2 pages at 400 words per page)
Buy The Market Revolution: Jacksonian America, 1815-1846 Study Guide
Copyrights
BookRags
The Market Revolution: Jacksonian America, 1815-1846 from BookRags. (c)2016 BookRags, Inc. All rights reserved.
Follow Us on Facebook