Historical Context::Labor, agriculture, small businesses, large corporations, financial markets, the Federal Reserve System, and government all interact in complex ways to make America's economic system work.It is a system united by a philosophical commitment to the idea of free markets. But, as noted, the simple market model greatly oversimplifies the actual American experience. In practice, the United States has always relied on government to regulate private business, address needs that are not met by free enterprise, serve as a creative economic agent, and ensure some measure of stability to the overall economy.Question:How did this play out in antebellum (pre-civil war) America under the so called American System?