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Did Calvin Coolidge support laissez-faire business practices?
Yes he did You cannot say he supported laissez-faire economic principles because he kept tariffs ridiculously high which stifled foreign competition in the U.S. One of the most important elements (if not the most important) of laissez-faire economics is a high level of competition and in this case gov't stepped in to eliminate competition with high tariffs, which is the exact opposite of laissez-faire economics. So I would say no...but you won't find this in a history book. I know because I am a teacher.
What groups would most likely be hurt financially by unexpected inflation?
which of the following group is most hurt by unexpected inflation
The two basic types of tariffs are?
two basic types of tariffs are: 1.Most-Favoured 2.Prefernetial
What are the most common impediments to international trade?
Three of the most common impediments to trade are tariffs, quotas, and embargoes.
Which economic practice has been most consistently followed by government throughout US history?
use of protetective tariffs to suport industry
Who would be hurt most by high tariffs and why?
Southern farmers because sales of cotton would go down
Who would be hurt by most tariffs?
Southern farmers, because sales of cotton would go down
What group of Americans would most likely oppose the high tariffs of the late 1800's?
consumers
Who would be hurt most by high tariff?
Southern farmers, because sales of cotton would go down
How would high tarriffs help america?
Tariffs are fees placed on imported goods. This fee raises the price of such goods and makes domestic goods more competitive in regards to price. A high tariff accentuates the effect. The tariff also tends to reduce the quantity of imported goods and affects the balance of trade. Whether or not such tariffs are helpful to America depends on conditions. Tariffs do raise money for the government but foreign governments can impose tariffs too and American exports may decrease so the balance of trade may not improve. In the past, tariffs have helped parts of the country while hurting other parts.
If you stood on a spider would it hurt?
It won't hurt you but it will hurt the spider and most of the time kill it
Who most strongly supported the gold standard?
Republicans... because McKinley ran on a platform of supporting the gold standard and high tariffs
What regions of US was often opposed to protective tariffs in the early 1800's?
The South, mainly South Carolina, was opposed to protective tariffs because they would sell most of their cotton to England.
What do you think the artist who drew this cartoon would be most likely to do?
Hurt you, hurt you badly.
Did Calvin Coolidge support laissez-faire business practices?
Yes he did You cannot say he supported laissez-faire economic principles because he kept tariffs ridiculously high which stifled foreign competition in the U.S. One of the most important elements (if not the most important) of laissez-faire economics is a high level of competition and in this case gov't stepped in to eliminate competition with high tariffs, which is the exact opposite of laissez-faire economics. So I would say no...but you won't find this in a history book. I know because I am a teacher.
What groups would most likely be hurt financially by unexpected inflation?
which of the following group is most hurt by unexpected inflation
All Americans supported high tariffs?
not all cause some Americans suffered from many things and most were poor during the war of 1812.
