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Southern farmers, because sales of cotton would go down
What else can I help you with?
Who would be hurt by most tariffs?
Southern farmers, because sales of cotton would go down
How do tariffs hurt consumers?
the tariff raised prices of prouducts causing them to have to pay more for products
Why did the northerners favor the protective tariffs of the 1820s while southerners detested them?
Northerners favored the protective tariffs of the 1820s because these tariffs benefited their emerging manufacturing industries by making imported goods more expensive, encouraging consumers to buy domestically produced items. In contrast, southerners detested these tariffs as they relied heavily on imported goods and were concerned that higher prices would hurt their economy. Additionally, they felt that the tariffs favored northern interests at the expense of southern agricultural economies, leading to tensions between the regions.
Who would be hurt most by high tariff?
Southern farmers, because sales of cotton would go down
Which describes the south's attitude towards Tarrifs?
The South generally opposed tariffs, viewing them as economically detrimental. They believed that tariffs favored Northern industries at the expense of Southern agriculture, which relied on imported goods. This opposition was rooted in the South's agricultural economy, where higher prices on imported products would hurt farmers and consumers alike. Ultimately, these tariff disputes contributed to the growing sectional tensions that led to the Civil War.
Why would be hurt by high tariffs?
Southern Farmers, because sales of cotton would go down
Why did tariffs hurt U.S citizens?
Tariffs hurt US citizens because the prices were increased and they had to pay high costs.
Who would be hurt most by high tariffs and why?
Southern farmers because sales of cotton would go down
How did high tariffs hurt Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How did high tariffs hurt many American?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How many high tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
Who would be hurt by most tariffs?
Southern farmers, because sales of cotton would go down
How did tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
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.
Did the South opposed tariffs because it feared they would hurt its industry and factory workers?
yes they did
How did tariffs hurt farmers?
One way in which tariffs hurt farmers was by limiting their export markets. A tariff, simply defined, is a tax that is imposed on exports or imports.
How would high tariffs hurt America?
Tariffs bring in revenue, which the US always seems to want more of. However, there is a point of diminishing returns regarding revenue. If the tariff is too high, it may reduce the amount of trade and actually produce less revenue. Tariffs make foreign goods more expensive. Higher prices on foreign goods make domestic goods more competitive and can benefit domestic producers. Tariffs may reduce the inflow of foreign goods and improve the balance of trade.
