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They did not want to pay taxes to help the northern states

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Zoie Rolfson

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3y ago

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Why did farmers oppose tariffs?

Why did farmers oppose tariffs? Tarrifs would raise the proces for their goods & they worried that they would not make as much profit. By Kenny A.


What economic characteristics does a centrally planned economy oppose that a market economy encourages?

Hhi


What did the north have an economy based on before the civil war?

The north had an economy based on Manufacturing this made northerners oppose slavery because slaves could have taken their jobs


Why do economists oppose policies that restrict trade among nations?

Economists oppose because besides gaining from trade there are some disadvantages that a nation face.... Free trade implies open access to the economy of any nation and thus the economy of a nation can be influenced by the activities of other nations... trade helps nation in specialization of producing that goods in which it has comparative advantage i.e which it can produce with lower opportunity cost... If a nation specialize in only one commodity production neglecting others then it would have to be dependable to other nations for other commodities..thus it may expand the economy of others but not its own... often international trade becomes beneficial when one can get goods at lower price than its price in own country,but it causes the internal industries as well as economy to break down.... so to expand own economy as well as development a nation should restrict its trades protecting own industries....


How do you explain why economists usually oppose controls on prices.?

Economists typically oppose price controls because they can lead to market distortions, such as shortages or surpluses. When prices are artificially capped, it can discourage production and investment, leading to reduced supply. Additionally, price controls can disrupt the natural mechanism of supply and demand, resulting in inefficiencies and misallocation of resources in the economy. Overall, economists argue that allowing prices to fluctuate freely helps maintain a balanced and efficient market.

Related Questions

Why did southern farmers oppose Hamilton's plan for the economy?

They did not want to pay taxes to help the northern states


Why did southern farmers oppose Hamilton plans for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did southern farmers oppose the Hamilton's plans for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did southern farmers oppose Hamilton's plans for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did the southern farmers oppose Hamilton's plans for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did southern farmers oppose Hamiltons plan for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did the southern farmers oppose hamiltons plans for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did southern farmers oppose Hamiltons plans for the economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did the southern farmers oppose hamiltons plans for economy?

They were afraid of a strong central government with economic powers controlled by the rich. He made a deal with them. He was responsible for creating the First Bank of the United States modeled on the Bank of England. Jefferson and Madison collaborated against Hamilton's Federalist Party in the 1790's.


Why did antifederalists oppose Alexander hamiltons's plan?

Why did Antifederalists oppose Alexander Hamilton's plan


Why did farmers oppose tariffs?

Why did farmers oppose tariffs? Tarrifs would raise the proces for their goods & they worried that they would not make as much profit. By Kenny A.


Did Alexander Hamilton favor or oppose the ratification?

he favored