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Alexander Hamilton favored protective tariffs because it was an essential part of his financial plan. By protecting America's infant domestic economy, he won the favor of the wealthy classes (merchants and manufacturers).
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What encouraged Americans to buy America made goods?
Protective tariffs
What was the main provision of the American system?
protective tariffs
Why did Alexander Hamilton support the protective tariff?
Alexander Hamilton was Secretary of Treasury when the first tariff was proposed and passed. Hamilton argued that it was very important for the new US government to have steady sources of revenue in order to pay its bills and establish good credit with other nations. Tariffs were easily collected and not an obvious tax to most people. The idea of protecting fledgling US industries was not a major reason for the first tariffs but may have had some benefit.
What effect did the protective tariffs have on goods exported by the south?
it depends what tariffs and when but, i if you are referring to after the revolutionary war, then the effect was the whiskey rebellion.
How did protective tariffs encourage the growth of American businessess in the late 1800s?
Tariffs increased the cost of foreign goods- novanet(:
