Chapter 2 USH 2019
Chapter 2 USH 2019
⚫ FEDERALISTS ⚫ DEMOCRATIC-REPUBLICA
NS
Problems Facing the Nation
⚫ Financial problems (debt
from the Revolution) -
⚫ Created the National Bank.
⚫ Protective Tariffs– taxes on
imported goods (designed to
encourage local production).
⚫ Foreign Affairs
⚫ stayed neutral in conflict
between England and
France.
Conflict over the National Bank
⚫ Federalists felt that it was
necessary to manage the
nation’s economy.