Question

Why did Madison reverse his policy on Hamilton's economic plan in 1816 and support New England's requests for a National Bank, Internal improvements and a tariff when he disliked each of those things?

Answer 1

The answer is below

Step-by-step explanation:

Following the war of 1812 between the United States and its allies and Great Britain and its allies which ended a draw, this led the United States to acquire huge debt, coupled with uncontrolled practices of Private Banks.

Also, with the emergence of political influence from the Western part of the United States, President James Madison, in his attempts to ensure that there is economic growth in the America system and a favorable political landscape for his party, Democratic-Republican, he backed Henry Clay's American System, that adopted policies to connect the East to the West in a national market. Among these policies are:

1. A National bank

2. Internal improvements and a tariff

3. A National system of roads.