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How did Henry Clay believe his American System with high tariffs on imported goods would benefit the West and South? (1 point)

1. He believed the money made from tariffs would be used to help farmers directly ship their goods to the North.
2. He believed Northerners would use their profits to buy goods from the West and South--making money for all
3. He believed the South and West would profit by importing goods from countries on which the United States did not impose the tariff.
4. He believed Southerners would use their profits to buy farmed goods from the North.

1 answer

Henry Clay believed that his American System with high tariffs on imported goods would benefit the West and South primarily because:

2. He believed Northerners would use their profits to buy goods from the West and South--making money for all.

Clay's American System aimed to promote economic interdependence among the different regions of the country, with the idea that increased trade and commerce among the North, South, and West would help stimulate the economy as a whole.