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The tariff of 1857 lowered considerably the Walker Tariff of 1846 to an average of 17%. It lasted for three years until it was raised by the Morrill Tariff of 1861.
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How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?
Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?"
What was the high tariff to limit foreign competition?
A high tariff to limit foreign competition is called a protective tariff.
He signed the highest tariff in us history?
Yes, he did.
What was the name of the high tariff adopted in 1890?
The McKinley Tariff
What did the southerners call the tariff of 1828?
The nation's manufacturing industry was in jeopardy due to imported goods at very low prices. The Tariff of 1828 was one of many tariffs passed by Congress to impose tax on imported goods.
Sharp economic decline that increased northern demands for a high tariff and convinced southerners that the North was economically vulnerable?
panic of 1857
Sharp economic decline that increased northern demands for a high tariff and convinced southerners that the north was economically vunerable?
panic of 1857
The Tariff of 1828 was known throughout the South as the tariff of?
Abomination.
How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?
Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?"
What was the high tariff to limit foreign competition?
A high tariff to limit foreign competition is called a protective tariff.
What is the full form of tariff?
TARIFF
What is a tax placed on goods from another country to protect the home industry?
protective tariff
Scornful southern term for the high tariff of 1828?
Tariff of Abominations
How did the panic of 1857 make civil war more likely?
It made the Civil War more likely in that there were several issues already to begin with. There were slavery issues, tariff issues, and more. The South was beginning to become impatient and wanted to suceede from the union. The Panic of 1857 gave them hope and an irrelevant size of opportunity in keeping their slaves. Your Welcome;) Leave me some comments!
He signed the highest tariff in us history?
Yes, he did.
What are types of tariff with an example of its use?
Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country
What is the tariff that southerners viewed as helping the north at the south's exspense?
Tariff of Abominations
