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.
The South, mainly South Carolina, was opposed to protective tariffs because they would sell most of their cotton to England.
Established protective tarriffs on imports.
to help american buinesses
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.
The complaints of farmers at the end of the 19th century included federal monetary policies, unfair railroad shipping rates, and U.S. tariffs and lack of access to foreign markets.
protective tariffs - apex
Protective tariffs
Farmers could buy goods from overseas for lower prices.
Protective tariffs-Apex
Protective tariffs had a few effects in the American economy. The main effect that it had was pricing.
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support for economic development
Congress continued to raise protective tariffs.
Protective tariffs
west
He was against it
Yes