Thursday, November 14, 2019

Effects of The War of 1812 Essay --

Under the command of Andrew Jackson the United States was able to take home a victory in a clash with Britain, the world’s largest military power. The War of 1812, also recognized as a â€Å"second war of independence†, was The United States’ pathway towards its goal to further expand territory boundaries. After the war there wasn’t as great an impact on foreign policy as there was on political and economic aspects. Society underwent a variety changes due to a chain of changes in politics itself. These political influences introduced the idea of sectionalism, the division of the nation. Slavery, in fact, was still a matter that would further divide the nation. The Missouri territory had previously classified as a slave state. Eventually, the North and the South differed upon whether or not it should have been a slave state. This disagreement would be resolved by the Missouri Compromise, proposed by Henry Clay from Kentucky. In order to maintain balance in the senate, Missouri was to be admitted as a slave state in favor of the South and Maine admitted as a free state in favor of the North. The compromise also introduced the concept of 36 °30' N latitude, also referred to as the â€Å"Missouri Compromise Line†, in which all forthcoming states north of that line were to be left as free states. President James Monroe signed the document and would come to effect by 1820. Sectionalism also succeeded in influencing the political party system. Once the national bank was established, an influx separate parties formed. The Federalist party was terminated as a whole. In the place of this, arose the National Republicans and the Democrats. National Republicans supported the establishment of the national bank but were against indiv... ...f tariffs. Tariffs would be used to protect the American product by encouraging its sale. The growth of the economy fueled as the tariff aided the federal government with funds to construct the federal treasury. Though the economy was quickly moving forward, there were of course setbacks. An outstanding setback was the Panic of 1819. The European demand for American products including grain, meat, tobacco, and cotton hit American farmers with force. The rush to increase production casued the fluctuation of the farm product prices and even land prices. A sense of depression overcame the country as Europeans hesitated to buy American products. The Europeans had turned to buy crops and less expensive cotton from India. Along with the depression came high rates of unemployment, failure of state banks, and foreclosure of local homes, farms, and shops.

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