USA HISTORY

Detailed explanation-1: -The embargo allegedly initiated a severe economic depression, led to a signficant increase in the level of smuggling between the United States and other countries, and was instrumental in bringing about an expansion of domestic manufacturing that started the United States on a path to self-sufficiency.

Detailed explanation-2: -Agricultural prices and earnings fell. Shipping-related industries were devastated. Existing markets were wrecked. Unemployment increased.

Detailed explanation-3: -The embargo proved to be a complete failure. It failed to improve the American diplomatic position, highlighted American weakness and lack of leverage, significantly (and only) damaged the American economy, and sharply increased domestic political tensions.

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.

Detailed explanation-5: -The act was Pres. Thomas Jefferson’s response to British and French interference with neutral U.S. merchant ships during the Napoleonic Wars. The embargo had little effect in Europe, but it imposed an unpopular restriction on New England merchants and exporters (see Hartford Convention).