THE VIRGINIA DYNASTY 1801 1825
THOMAS JEFFERSONS PRESIDENCY LOUISIANA PURCHASE LEWIS CLARK AND MORE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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British traded with the French instead of the Americans.
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British defeated the Americans in the War of 1812 and ended the embargo.
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British began trading with Asia to get it’s goods.
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The embargo didn’t hurt Britain or France but did hurt Americans financially.
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Detailed explanation-1: -The American economy was suffering and American public opinion turned against the embargo. Moreover, goods continued to reach Great Britain through illegal shipments and British trade was not suffering as much as the framers of the embargo had intended.
Detailed explanation-2: -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-3: -What were the reasons for the failure of the Embargo Act ? without trade they lost money. Why do you think the embargoes against Britain failed? Because if we don’t trade, we don’t goods, therefore, no money.
Detailed explanation-4: -President Thomas Jefferson hoped that the Embargo Act of 1807 would help the United States by demonstrating to Britain and France their dependence on American goods, convincing them to respect American neutrality and stop impressing American seamen. Instead, the act had a devastating effect on American trade.
Detailed explanation-5: -Economically, the embargo devastated American shipping exports and cost the American economy about 8 percent in decreased gross national product in 1807. With the embargo in place, American exports declined by 75%, and imports declined by 50%-the act did not completely eliminate trade and domestic partners.