| Question Answer | 11. Which of the following tended to favor tariffs? northern industrialists | 12. In 1833, South Carolina threatened to secede from the Union if the federal government used force against South Carolina. | 13. Which of the following championed nationalism and denounced nullification? Daniel Webster |
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Who would favor a high tariff?
The North liked the tariffs because that was were most of the factories were. The South did not like the tariff because it made Southerners pay more for their goods. Do you think the American System offered a good solution to regional differences?
Why did industrialists favor tariffs?
Why did Northern industrialists favor protective tariffs? Tariffs raised the cost of European goods so that more people would buy American goods . ... White Southerners wanted the Native Americans’ valuable land.
Why did Democrats oppose the national bank?
Jacksonian Democrats opposed the national bank because they thought it favored a wealthy few .
Did Jacksonian Democrats oppose or support the national bank?
Opposition to banking – In particular, the Jacksonians opposed government-granted monopolies to banks , especially the national bank, a central bank known as the Second Bank of the United States. ... The Whigs, who strongly supported the Bank, were led by Henry Clay, Daniel Webster and Nicholas Biddle, the bank chairman.
Which country has the most tariffs?
| Rank Country Tariff rate, applied, weighted mean, all products (%) | 1 Palau 34.63 % | 2 Solomon Islands 30.28 % | 3 Bermuda 27.59 % | 4 Saint Kitts and Nevis 21.06 % |
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Which country has the lowest tariff rate?
| Country Weighted Mean Applied Tariff | Hong Kong (China) 0.0% | Macao (China) 0.0% | Brunei Darussalam 0.0% | Singapore 0.4% |
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Who opposed the Tariff of Abominations?
John C. Calhoun and the Southern states vehemently opposed the tariff. The Tariff of 1828 was opposed by the states in the South for two reasons....
Why did Henry Clay propose the American system?
Clay argued that a vigorously maintained system of sectional economic interdependence would eliminate the chance of renewed subservience to the free-trade, laissez-faire “British System .” In the years from 1816 to 1828, Congress enacted programs supporting each of the American System’s major elements.
Why did North favor tariff?
Southern states such as South Carolina contended that the tariff was unconstitutional and were opposed to the newer protectionist tariffs, as they would have to pay, but Northern states favored them because they helped strengthen their industrial-based economy .
Did farmers support the Democratic-Republicans?
The Democratic-Republicans supported the government that had taken over France after the revolution of 1789. ... The Democratic-Republicans believed in protecting the interests of the working classes—merchants, farmers, and laborers. They believed that an agrarian economy would best serve these citizens.
Did Democratic-Republicans want a national bank?
Jefferson and the Democratic-Republicans were strongly against the idea of a National Bank, arguing that the Constitution did not say anything about making a National Bank . Federal government support itself financially.
What were the key differences between Hamilton’s Federalists and Jefferson’s Republicans?
Hamilton and the Federalists wanted a strong central government , run by well-educated property owners. Jefferson and the Democratic-Republicans wanted most power to stay with the states and wanted the farmers and the ‘common man’ to run the nation.
Why did Jackson hate the National Bank?
Jackson, the epitome of the frontiersman, resented the bank’s lack of funding for expansion into the unsettled Western territories . Jackson also objected to the bank’s unusual political and economic power and to the lack of congressional oversight over its business dealings.
Who was to blame for the panic of 1837?
Van Buren was elected president in 1836, but he saw financial problems beginning even before he entered the White House. He inherited Andrew Jackson’s financial policies, which contributed to what came to be known as the Panic of 1837.
How did Andrew Jackson advance democracy?
President Andrew Jackson firmly established that presidents could be more than just mere executives enforcing laws. ... Jackson laid the framework for democracy, paid off the national debt, gained new lands for America , strengthened relationships with foreign nations globally and issued a new currency.
