Why did Henry Clay think that capitalism is Americas future?

Answer 1

Henry Clay believed that capitalism was America's future because he saw it as a driving force for economic growth and innovation. He advocated for the American System, which promoted internal improvements, a national bank, and protective tariffs to foster a competitive economy. Clay argued that capitalism would empower individuals, encourage entrepreneurship, and ultimately lead to prosperity for the nation. By embracing capitalism, he envisioned a prosperous and interconnected society that could thrive on its own resources and talents.