0
Add your answer:
Earn +20 pts
What is an unjust tariff?
A tax on imports that was made for no reason.
Why did the South want to lower or ban tariffs?
The Southern economy was an agrarian one. Almost all of its non-agriculture products had to be purchased from Northern factories or from Europe. A tariff on imported goods forced the Southerners to pay higher prices from either the Northern manufacturers or from factories in Europe. The tariffs allowed Northern manufacturing companies to price their goods just below the tariff laden prices of imported goods. The Federal government used tariffs to help the nation's industrial base.
What is the most favored nation trade status?
an agreement to offer a trading partner the lowest tariff rate offered to other trading partners.
Why were some Southerners against tariffs?
Because the southerners had built few factories and didn't benefit from the tariff. Southerners bought many British goods and the tariff drove up the price. The southerners complained that the tariff made northern manufacturers rich at the expense of the South.
Sharp economic decline that increased northern demands for a high tariff and convinced southerners that the north was economically vunerable?
panic of 1857
What Tariff greatly aided Northern industrial interests in May of 1860?
Morrill Tariff
Which region of the US favored tariffs?
The South was against it. The tariff was aimed at protecting northern manufacturing. The South traded agricultural products like cotton for manufactured goods which the tariff made more expensive.
Which american benefited most from the tariff of 1816?
The Americans that benefited the most from the Tariff of 1816 were the manufacturers. The western and northern states, having a strong industrial base, strongly supported the tariff.
How did the north west and south feel about the Tariff of 1816?
The Northwest generally supported the Tariff of 1816 as it protected their growing industries. The South, however, was opposed to the tariff as it increased the cost of imported goods that the region relied on and favored Northern manufacturing.
Which best describes the ways the US' tariff policies between 1816 and 1860 contributed to the South's secession and the Civil War?
The United States' tariff policies favored Northern manufacturers and harmed Southern farmers
Massachusetts senator who favored a protective tariff in 1828?
Henry Clay
What party favored a high tariff?
The northern American states favored high tariffs because it made people buy American goods. The south would trade England the cotton and often get cloth in return. This made getting that cloth more expensive.
Where did Benjamin Harrison stand on the tariff issue?
Harrison favored a strong protective tariff. Cleveland wanted to reduce the tariff somewhat.
What did the nullification crisis of 1832 to 1833 erupt over?
The nullification crisis erupted over the issue of tariffs, specifically the Tariff of 1828 (also known as the Tariff of Abominations) which southern states believed favored northern interests at their expense. South Carolina threatened to nullify the tariff within its borders, leading to a dispute over states' rights and federal authority.
What did the southerners call the tariff of 1828?
The nation's manufacturing industry was in jeopardy due to imported goods at very low prices. The Tariff of 1828 was one of many tariffs passed by Congress to impose tax on imported goods.
Why Calhoun argues that the Tariff of 1828 was unconstitutional?
It favored manufacturing over commerce and agriculture.
Analyze how the different economic interests of the North and the South influenced their views on the Tariff of 1828?
The newly industrial North didn't like competing with the already established industrial powers in Europe (especially Great Britain), so they favored the tariff to drive up the prices of any imported manufactured goods. The agricultural South didn't have nearly as many factories, so they needed to buy their manufactured goods. They wanted more competition in order to drive down prices, so they opposed the tariff.
