How did high tariff affect the economy?

Answer 1

Factories and industries could make more money on their goods

(Edit begins:) I will assume you mean the Tariff of 1828, which dramatically raised the price of manufactured goods from abroad, as well as certain raw materials.

This tariff was targeted primarily at English manufacturers who produced high-quality, low-cost manufactured items in vast numbers at the time. The politicians passed the laws to protect less-efficient domestic manufacturers from competition. People across the country were forced to buy more expensive products from domestic producers.

The laws had another effect on the South, since the British did not have the cash coming in from their sales in America to buy southern cotton. Cotton prices fell ad demand dropped. The South went from an agricultural boom to a bust very quickly.

Answer 2

Factories and industries could make more money on their goods

(Edit begins:) I will assume you mean the Tariff of 1828, which dramatically raised the price of manufactured goods from abroad, as well as certain raw materials.

This tariff was targeted primarily at English manufacturers who produced high-quality, low-cost manufactured items in vast numbers at the time. The politicians passed the laws to protect less-efficient domestic manufacturers from competition. People across the country were forced to buy more expensive products from domestic producers.

The laws had another effect on the South, since the British did not have the cash coming in from their sales in America to buy southern cotton. Cotton prices fell ad demand dropped. The South went from an agricultural boom to a bust very quickly.

Answer 3

Factories and industries could make more money on their goods.

Answer 4

Factories and industries could make more money on their goods. (Apex)