EMERGENCE OF USA
FOUNDATION OF AMERICAN COLONIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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disrupted the British economy and closed British factories
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led to a substantial increase in profits for American merchants
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allowed American farmers to export goods to foreign markets
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harmed America’s economy and angered American voters
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Detailed explanation-1: -The Embargo Act of 1807 was an attempt by President Thomas Jefferson and the U.S. Congress to prohibit American ships from trading in foreign ports. It was intended to punish Britain and France for interfering with American trade while the two major European powers were at war with each other.
Detailed explanation-2: -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-3: -Agricultural prices and earnings fell. Shipping-related industries were devastated. Existing markets were wrecked. Unemployment increased.
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.