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American merchants were hurt by the Embargo Act more than Britain and France.
Agricultural prices and earnings fell. Shipping-related industries were devastated, which include American goods and other goods bought in America. It did not have a certain effect on Britain. -Jalon Hightower , 7th grade at
amost destroyed american economy
The Americans protested the Embargo Act for various reasons. Most people felt that it despised national unity of the US and this led to several protests.
encouraged rapid growth in American manufacturing
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The Embargo Act of 1807 prevented American ships from engaging in foreign trade by travelling to foreign ports. It also closed American ports to British shipping.
The Embargo Act affected the on the American economy positively for the new manufacturing facilities. The shipping economy was crippled and actually suffered looting due to the Act.
congress passed the embargo act of 1807, forbade american ships from sailing to foreign ports
To protect American shipsTo pressure France and England to stop harassing American shipping without using military force
To protect American shipsTo pressure France and England to stop harassing American shipping without using military force
It revived the Federalist Party where US now depended on business for its economy. The Federalists won 1 state-Massachussetts. US shipping declined greatly. The embargo act was a political and economical disaster for the US
The Embargo Act destroyed New England's shipping capacity and seriously damaged American markets, especially for exporters. Markets where the U.S. had gained advantage, such as the West Indies, were lost to Britain and the economic cost to the country was extremely high. In the long-run, the Embargo Act had to be repealed because its significance was to nearly cripple the young American economy.
The Embargo Act destroyed New England's shipping capacity and seriously damaged American markets, especially for exporters. Markets where the U.S. had gained advantage, such as the West Indies, were lost to Britain and the economic cost to the country was extremely high. In the long-run, the Embargo Act had to be repealed because its significance was to nearly cripple the young American economy.
Thomas Jefferson's attempted solution, an embargo upon American shipping, worked badly and was unpopular
Thomas Jefferson's attempted solution, an embargo upon American shipping, worked badly and was unpopular
Thomas Jefferson's attempted solution, an embargo upon American shipping, worked badly and was unpopular