The Program for Economic Development Known as the American System

question 17

Multiple Choice

The program for economic development known as the American System called for

• A) a national bank, the building of infrastructure, and protective tariffs for American industry.
• B) cheap imports of manufactured goods from Great Britain to relieve American workers of increased demands.
• C) the movement of more enslaved peoples from Africa to revive the agricultural South after the war.
• D) the importation of cheap cotton from Egypt to supply the mills of New England.
• E) the creation of state banks to make cheap paper currency and make imported goods more easily accessible.

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Definitions:

Reduced Supervision

A work environment where employees are given more autonomy and freedom, with less direct oversight from managers.

Cross-functional Team

A group composed of members from different departments or areas of expertise working together towards a common goal.

Self-managed

Pertains to individuals or teams that operate autonomously, making decisions without direct supervision.

Team Reflexivity

A process where a team reflects on and discusses their objectives, strategies, and processes to optimize performance.