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because they wanted money
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Why did Adams want to pass a tariff on imported goods?
He wanted to protect American manufacturers.
What was High tariff to limit foreign competition?
A high tariff that limits foreign competition is a protective tariff.
High tariff to limit foreign competition?
A high protective tariff can limit foreign competition.
What are types of tariff with an example of its use?
Revenue tariff: A 5% tariff on sugar to generate public revenue; Protective tariff: A 50% tariff on sugar to keep domestic sugar producers in business; Retaliatory tariff: A 500% tariff on sugar to reply to a high tariff imposed by another country. or sales tax- 8% charged on purchases of luxury goods excise tax- 20% tax charged on each pack of cigarettes capital gains- 15% charged on profits from selling commodities or revenue tariff- a 6% tariff on oranges to provide money for the government protective tariff- a 50% tariff on oranges to shield domestic orange growers from international competition retaliatory tariff- a 200% tariff on oranges to reply to a high tariff imposed by another country
Why were some Southerners against tariffs?
Because the southerners had built few factories and didn't benefit from the tariff. Southerners bought many British goods and the tariff drove up the price. The southerners complained that the tariff made northern manufacturers rich at the expense of the South.
Why did Adams want to pass a tariff on imported goods?
He wanted to protect American manufacturers.
Why did Adams want to pass a tariff on imported manufactured goods?
He wanted to protect American manufacturers.
What was the high tariff to limit foreign competition?
A high tariff to limit foreign competition is called a protective tariff.
Which american benefited most from the tariff of 1816?
The Americans that benefited the most from the Tariff of 1816 were the manufacturers. The western and northern states, having a strong industrial base, strongly supported the tariff.
What was High tariff to limit foreign competition?
A high tariff that limits foreign competition is a protective tariff.
The tariff of 1816 nurtured American manufacturers by doing what?
Taxing Imports
The 1828 Tariff of Abominations was given that name by those who thought the tariff hurt the South while helping?
C. Northern Manufacturers
What is the protective tariff of 1816?
The protective Tariff of 1816 is also known as the Dallas Tariff. It is noteworthy because it marks the first time that congress passed a tariff to protect American manufacturers instead of just to raise money.
Who was most protected by the Tariff of 1816?
Northern (New England) textile manufacturers
Scornful southern term for the high tariff of 1828?
Tariff of Abominations
Why did southerners oppose the tariff of 1828?
The tariff was a tax on imported manufactured goods. This raised the price of imported products and made it easier for US manufacturers to compete. Very few of these manufacturers were in the South, so all the tariff did for southerners was to raise their cost of living by making them pay higher prices for the things they needed. The tariff was in essence a tax on them to subsidize northern industry.
What was the name of the high tariff adopted in 1890?
The McKinley Tariff
