what was hamiltons main reason in proposing to protect tariff?
Alexander Hamilton's main reason for proposing protective tariffs was to promote the development of domestic industries and safeguard American economic independence. He believed that by imposing tariffs on imported goods, the government could encourage the growth of domestic industries by making imported products more expensive and domestically produced goods more competitive.
To find out Hamilton's main reason for proposing protective tariffs, you can refer to primary sources such as his writings, speeches, and reports. Hamilton outlined his views on tariffs and protectionism in his "Report on Manufactures" to the U.S. Congress in 1791. In this report, he argued that protecting domestic industries through tariffs would create a diverse and self-sufficient economy, reduce dependence on foreign goods, and generate revenue for the government.
By studying Hamilton's writings and considering the historical context, you can understand his main rationale for proposing protective tariffs. It's important to note that Hamilton's views were part of a broader economic and political vision for the young United States, which aimed to establish economic independence and strengthen the nation's overall development.