USA HISTORY

MAKING OF A NEW NATION 1776 1800

THOMAS JEFFERSON

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Embargo Act of 1807 helped American business.
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The embargo was an unpopular and costly failure. It hurt the American economy far more than the British or French, and resulted in widespread smuggling. Exports fell from $108 million in 1807 to just $22 million in 1808.

Detailed explanation-2: -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-3: -Embargo Act, Legislation by the U.S. Congress in December 1807 that closed U.S. ports to all exports and restricted imports from Britain. The act was Pres. Thomas Jefferson’s response to British and French interference with neutral U.S. merchant ships during the Napoleonic Wars.

Detailed explanation-4: -Explanation: successfully punished Great Britain and France for violations of neutrality. It hurt US trade more than it hurt France and Great Britain.

There is 1 question to complete.