MAKING OF A NEW NATION 1776 1800
THOMAS JEFFERSON
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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expedition
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embargo
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credit
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debt
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Detailed explanation-1: -In a desperate attempt to avert war, the United States imposed an embargo on foreign trade. Jefferson regarded the embargo as an idealistic experiment–a moral alternative to war. He believed that economic coercion would convince Britain and France to respect America’s neutral rights.
Detailed explanation-2: -President Thomas Jefferson hoped that the Embargo Act of 1807 would help the United States by demonstrating to Britain and France their dependence on American goods, convincing them to respect American neutrality and stop impressing American seamen.
Detailed explanation-3: -Although the embargo was successful in preventing war, its negative consequences forced President Jefferson and Congress to consider repealing the measure. The American economy was suffering and American public opinion turned against the embargo.
Detailed explanation-4: -Embargo Act of 1807 Impact The embargo destroyed the economy of the United States. It hurt the industrialized North because they could not import the goods they produced and it hurt the Southern farmer whose crops could not be sold overseas.