How is the so-called American System best described?

Question

Quizplus · Accepted Answer

The American System was a program developed by Henry Clay that aimed to promote economic growth and development in the United States. One of its main components was the use of labor-saving innovations in manufacturing, which reduced costs and increased efficiency. This led to the development of an industrial economy and helped the United States become a major economic power. The American System did not involve low tariffs or the establishment of a common market for the Western Hemisphere.

How Is the So-Called American System Best Described