How did the war of 1812 affect the a u. s. economy?

The principal reasons for the growth of the United States' factory system was the Embargo Act and the War of 1812. With the Embargo Act competition from factories in England and France were halted. President Thomas Jefferson through Congress instituted the Embargo Act in 1807, before the War.

on this day in 1833, president andrew jackson announces that the government will no longer use the second bank of the united states, the country's national bank. a national bank had first been created by george washington and alexander hamilton in 1791 to serve as a central repository for federal fund