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a tax on goods that are traded within the home country
(a tarriff is a tax on a good from foreign trade.)
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Young southern congressman who began as a nationalistic defender of protective tariffs and internal improvements?
James Monroe
What does imposing tariffs mean?
A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.
What were the parts of the American system?
The parts of the American system were tariffs to protect and promote American industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other "internal improvements"
What is the impact of the European Economic Community?
Its agreements call for the elimination of tariffs and other trade restrictions among members and the establishment of uniform tariffs for nonmembers. The EEC also encourages common standards for food additives, labeling, and packaging. The combined gross national product of the EEC is nearly equal to that of the United States. One of the first important accomplishments of the EEC was the establishment (1962) of common price levels for agricultural products. In 1968, internal tariffs (tariffs on trade between member nations) were eliminated and a common external tariff was fixed.
What is specialization restricted by in the global economy?
Protective tariffs
What was the main goals of radical republicans?
to remove all internal tariffs
What national reforms did national assembly introduce?
the elimination of internal tariffs.
What reforms did the National Assembly introduce?
The establishment of public trials The establishment of freedom of the press The elimination of internal tariffs The termination of trying people in court on the basis of class (APEX)
What American politician promoted the idea of internal improvements as part of the American system?
high tariffs
Henry clay's ambitious nationalistic proposal for tariffs internal improvements expanded maunfacturing?
The Missouri Compromise
Young southern congressman who began as a nationalistic defender of protective tariffs and internal improvements?
James Monroe
What does imposing tariffs mean?
A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.
What was a reform made by the national assembly?
The elimination of internal tariffs The termination of trying people in court on the basis of clas
Political party that favored a more activist government high tariffs internal improvements and moral reforms?
the Whig party
What was henry clay's ambitious nationalistic proposal for tariffs internal improvements and expanded manufacturing?
It is referred to as "the American System" (compare to the Continental System).
What issues divided the country at the end of era of good feelings?
was the national bank,states rights,sectionalism,slavery,tariffs,internal improvment
What issues divides the country at the end of the Era of good feelings?
was the national bank,states rights,sectionalism,slavery,tariffs,internal improvment
