THE VIRGINIA DYNASTY 1801 1825
JAMES MADISON AFTER THE WAR OF 1812 THE ERA OF GOOD FEELINGS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They would like protective tariffs because they protect their crops
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They would dislike protective tariffs because they reduce the markets for them to sell their crops
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They would like protective tariffs because they build foreign markets free of taxes
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The would dislike protective tariffs because they protect businesses, not farmers
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Detailed explanation-1: -In 1828, Congress passed a high protective tariff that infuriated the southern states because they felt it only benefited the industrialized north. For example, a high tariff on imports increased the cost of British textiles. This tariff benefited American producers of cloth-mostly in the north.
Detailed explanation-2: -Answer and Explanation: Northern industrialists favored protective tariffs because they allowed the manufactured goods they produced domestically to be sold at a lower cost than foreign goods imported into the United States.
Detailed explanation-3: -In general, these tariffs are intended to protect critical American industries from foreign competition or to prevent dumping of cheap goods in the U.S. by foreign manufacturers, or both.
Detailed explanation-4: -After the Civil War, drought, plagues of grasshoppers, boll weevils, rising costs, falling prices, and high interest rates made it increasingly difficult to make a living as a farmer.