MAKING OF A NEW NATION 1776 1800
THOMAS JEFFERSON
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It had mixed success and was finally repealed after the War of 1812.
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It was a failure and it was repealed after 15 months.
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It succeeded and remained in place up until World War I
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It forced Britain to stop their campaign of impressment and was subsequently repealed.
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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: -An End to the Embargo Act of 1807 The embargo ended in March of 1809, when the Non-Intercourse Act reopened trade to all nations except England and France.