USA HISTORY

MAKING OF A NEW NATION 1776 1800

THOMAS JEFFERSON

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True or False? The American economy got stronger because of the Embargo Act of 1807.
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. Farm prices fell sharply.

Detailed explanation-2: -Jefferson’s Embargo Act outlawed trade between America and any foreign port, effectively closing in the American economy. The Embargo Act was one of the major factors leading up to the War of 1812 as it ended up increasing the hostilities that already existed between America and Britain.

Detailed explanation-3: -Explanation: successfully punished Great Britain and France for violations of neutrality. It hurt US trade more than it hurt France and Great Britain.

Detailed explanation-4: -At Jefferson’s request the two houses of Congress considered and passed the Embargo Act quickly in December 1807. All U.S. ports were closed to export shipping in either U.S. or foreign vessels, and restrictions were placed on imports from Great Britain.

There is 1 question to complete.