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Some southerners were drawn to the republican party because?
Many Southerners were drawn to the Republican Party by of its emphasis on economic development. Their fiscal policy was that of hard money, high tariffs, high wages, and high profits.
True or false that Southerners favored high tariffs because they purchased so many goods from foreign nations?
true
Why did southerners oppose tariffs?
The southerners bought more foreign goods than the northerners did.
Did Democrats want low tariffs?
No, Democrats Wanted High Tariffs, while Republicans wanted High Tariffs
How did reformers differ from the republicans on the issue of high tariffs?
The republicans supported higher tariffs while the reformers within the GOP supported lower tariffs. Reformers believed that high tariffs actually helped trusts.
How did the reformers differ from the republicans on the issue of high tariffs?
The republicans supported higher tariffs while the reformers within the GOP supported lower tariffs. Reformers believed that high tariffs actually helped trusts.
What was one long-term effect of high U.S. tariffs?
The long term effect of tariffs and other trade barriers are that eventually the prices will increase. The reason that prices increase is that the competition for that business is decreased.
What did Republicans believe about high tariffs?
Tariffs allowed American industries to grow.
Why do high tariffs restrict international trade?
Tariffs are fees excised on goods coming into a country. As a result, traded goods cost more when there are high tariffs, and this limits their sale.
What is the cause of high tariffs?
High tariffs are usually applied as a means to protect local industries.
What is the purpose of high tariffs?
cause
What did clay believe would result from high tariffs?
clay believe that high tariffs helped all regions of the country , not just the north
