JACKSONIAN DEMOCRACY 1825 1850
AGE OF THE COMMON MAN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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tariffs created potential trade issues with European countries
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Southerners preferred to buy American-made products over foreign goods
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Tax money collected from tariffs would be stored in federal banks
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Most southern states had already settled their debt from the American Revolution.
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Detailed explanation-1: -Southerners, however, blamed the tariff for a massive transfer of wealth. It forced them to purchase goods from the North’s manufacturers at higher prices, and it provoked European countries to retaliate with high tariffs of their own, reducing foreign purchases of the South’s raw materials.
Detailed explanation-2: -In 1828, Congress passed a high protective tariff that infuriated the southern states because they felt it only benefited the industrialized north. For example, a high tariff on imports increased the cost of British textiles. This tariff benefited American producers of cloth-mostly in the north.
Detailed explanation-3: -The tariff sought to protect northern and western agricultural products from competition with foreign imports; however, the resulting tax on foreign goods would raise the cost of living in the South and would cut into the profits of New England’s industrialists.