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Which best explains why the North advocated for high protective tariffs in the first half of the 19th century?
High protective tariffs were placed on foreign goods in order to give newly established American businesses a chance to compete with foreign companies. Many people disagreed with this strategy and felt the real reason they were put in place was to bring revenue to the government.
What regions of US was often opposed to protective tariffs in the early 1800's?
The South, mainly South Carolina, was opposed to protective tariffs because they would sell most of their cotton to England.
To shield America's industries from foreign competition during the late 1800s?
Established protective tarriffs on imports.
Why the federal government enacted tariffs in the late 19th century?
to help american buinesses
What is one similarity between a protective tariff and revenue tariff?
Both protective and revenue tariffs are applied for two reasons. First of all, they can be used to make foreign products more expensive than the ones produced in the homeland. Second, tariffs have a side purpose of making money. Some overseas merchants may consider the tariff a necessary evil to trade in the country, and pay the tariff. In both cases, the tariffs serve to bring in additional revenue to the country.
Which best explains why the North advocated for high protective tariffs in the first half of the 19th century?
High protective tariffs were placed on foreign goods in order to give newly established American businesses a chance to compete with foreign companies. Many people disagreed with this strategy and felt the real reason they were put in place was to bring revenue to the government.
Why did the north advocated for high protective tariffs in the first half of the Th century?
In the first half of the 19th century, the North advocated for high protective tariffs primarily to shield its burgeoning industrial economy from foreign competition, particularly from British manufacturers. These tariffs would make imported goods more expensive, encouraging consumers to buy domestically produced goods and thus supporting local businesses and jobs. Additionally, the revenue generated from tariffs could be used to fund internal improvements, like infrastructure, which would further benefit Northern industries. This economic strategy was a key point of contention in the sectional conflicts leading up to the Civil War, as the agrarian South opposed such tariffs that increased their costs.
Northern and southern Farmer's Alliance had different views on?
protective tariffs - apex
What is specialization restricted by in the global economy?
Protective tariffs
Which of the following explains why farmers in the early US benefited when there were no protective tariffs?
Farmers could buy goods from overseas for lower prices.
What affect did the protective tariffs have on the American economy?
Protective tariffs had a few effects in the American economy. The main effect that it had was pricing.
Why were protective tariffs established?
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In the 19th century protective tariffs subsidies for railroads and open immigration showed that the federal government followed a policy of?
support for economic development
What best explains why the federal government enacted tariffs in the late 19th century?
You have not included the "following". Please provide additional information in order to receive an answer.
Why In 1833 South Carolina threatened to secede from the Union if?
Congress continued to raise protective tariffs.
What encouraged Americans to buy America made goods?
Protective tariffs
Did Jefferson support protective tariffs?
Yes
