Northern industrialists favored protective tariffs because these tariffs helped shield their emerging industries from foreign competition, particularly from cheaper imported goods. By imposing higher tariffs on imports, domestic products became more competitive in price, encouraging consumers to buy locally made goods. This protection fostered industrial growth, job creation, and economic stability in the North, aligning with their interests in expanding manufacturing and securing profits. Overall, protective tariffs were seen as a means to enhance the economic power of the Northern states during a period of rapid industrialization.
Northern industrialists favored tariffs.
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to reduce competition from foreign grain producers.
Nova net: they belived it promoted economic growth
Northern industrialists favored tariffs.
NovaNet ANSWER: Northern industrialists
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To reduce competition from foreign grain producers. Northern America industrialists increase the demand for American. This is for manufactured goods.
yes they were in favor
It would increase the demand for American manufactured goods. Tariffs would also increase the money generated by the sale of those goods.
To reduce competition from foreign grain producers. Northern America industrialists increase the demand for American. This is for manufactured goods.
yes.
No; the South depended on exporting cotton and US tariffs would have invited tariffs in the countries to which they exported.
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Nova net: they belived it promoted economic growth
Yes