0
Add your answer:
Earn +20 pts
What tariffs were designed to provide income for the federal government?
revenue
What percentage of the national income was attributed to tariffs in 1790?
By the 1790's the revenue from tariffs provide 90 percent of the national government's income.
What branch of government has the power to put Tariffs on trade?
that by my reckoning that would be the Legislative branch.
Farmers did not like high tariffs and railroad monopolies because they seemed to support what?
city government. industrialists. immigrants.
What right was granted to the federal government by the force bill?
The federal government was granted the right to enforce federal laws, including the collection of protective tariffs. This was a power the federal government had not held before.
Why did congress pass a law on tariffs in 1828?
To help the North.
Is there any disadvantage to a government placing a tariffs on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
How a government might finance its expenditure?
tax, revenue from government enterprises and tariffs, government borrowing, selling government businesses.
What tariffs were designed to provide income for the federal government?
revenue
Why did the government put tariffs in place?
To help the nation's manufactures.
Which level of government is responsible for tariffs on international trade?
federal
Does the US federal government have the power to tax imports?
The US government may tax imported goods through a tax system called tariffs. US states have no authority over tariffs..
The tariffs would raise money for the government and protect American industries from foreign competition. Who opposed the tariffs and why ?
The south because they had little industry .
What percentage of the national income was attributed to tariffs in 1790?
By the 1790's the revenue from tariffs provide 90 percent of the national government's income.
Do states set tariffs on goods coming in?
No. That belongs to federal government .
Under Hamilton's plan the main source of government revenue was?
Tariffs
How did Wilson compensate for reduced government government income resulted from his lowering of tariffs?
by creating an income tax
