0
What else can I help you with?
How were high traiffs supposed to help farmers?
High tariffs were intended to protect domestic farmers by making imported agricultural products more expensive, thereby encouraging consumers to buy locally produced goods. This protectionist measure aimed to stabilize prices for domestic crops by reducing competition from foreign imports. By securing a more favorable market for their products, farmers could potentially increase their incomes and support the overall agricultural economy. Ultimately, the goal was to foster economic resilience within the farming sector.
What are taxes on imports and exports called?
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.
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 purpose of high tariffs?
cause
Who favored high tariffs?
Usually politicians talking about "Buying American" or domestic producers who are not as efficient at producing their good as international companies favored high tariffs.
How would high tariffs help in America?
they would make more money for the goverments
How do high tariffs help America?
High tariffs are supposed to help the American economy because they place taxes on imported goods. Tariffs promote the purchasing of American-made goods because they are sold at a lower price, without the tariff. Also, if people decide to buy foreign goods instead, then the government makes money from the tariffs that were paid.
Why would be hurt by high tariffs?
Southern Farmers, because sales of cotton would go down
Who would be hurt most by high tariffs and why?
Southern farmers because sales of cotton would go down
Farmers did not like high tariffs and railroad monopolies because they seemed to support what?
city government. industrialists. immigrants.
Who would be hurt mostby high tariffs?
Southern farmers, because sales of cotton would go down
How did the tariffs effect the west?
It affected farmers in the west by taxing the european goods to be as high as the american goods so farmers can't get the european goods and will by the american goods
How were high traiffs supposed to help farmers?
High tariffs were intended to protect domestic farmers by making imported agricultural products more expensive, thereby encouraging consumers to buy locally produced goods. This protectionist measure aimed to stabilize prices for domestic crops by reducing competition from foreign imports. By securing a more favorable market for their products, farmers could potentially increase their incomes and support the overall agricultural economy. Ultimately, the goal was to foster economic resilience within the farming sector.
Did Democrats want low tariffs?
No, Democrats Wanted High Tariffs, while Republicans wanted High Tariffs
What hardships did farmers face in the late 1800s?
Some of the hardships that farmers had to face were railroads charging excessive prices for farmers in the West to ship/store crops than those in the East, the price of crops was decreasing, and farmers had to mortgage their land to buy more property, which the banks would foreclose. Does this help?
What are taxes on imports and exports called?
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.
How would high tariff's help America?
tariffs would make more money for gov program
