Southern farmers, because sales of cotton would go down
Southern farmers, because sales of cotton would go down
the tariff raised prices of prouducts causing them to have to pay more for products
Southern farmers, because sales of cotton would go down
the back hit on you stomach from high above, it'll hurt you very much!
Bank panics and a shrinking money supply were the primary causes of it.Agriculture problems & stock market crash problems hurt too
Southern Farmers, because sales of cotton would go down
Tariffs hurt US citizens because the prices were increased and they had to pay high costs.
Southern farmers because sales of cotton would go down
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
Southern farmers, because sales of cotton would go down
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.
yes they did
One way in which tariffs hurt farmers was by limiting their export markets. A tariff, simply defined, is a tax that is imposed on exports or imports.
Tariffs bring in revenue, which the US always seems to want more of. However, there is a point of diminishing returns regarding revenue. If the tariff is too high, it may reduce the amount of trade and actually produce less revenue. Tariffs make foreign goods more expensive. Higher prices on foreign goods make domestic goods more competitive and can benefit domestic producers. Tariffs may reduce the inflow of foreign goods and improve the balance of trade.