Why were Northern states in favor of Hamilton’s protective tariff?
(1 point)
Responses
The tariff protected the North from paying any additional fees when exporting their goods.
The tariff protected the North from paying any additional fees when exporting their goods.
The tariff allowed manufacturers in the North to charge higher prices for their products.
The tariff allowed manufacturers in the North to charge higher prices for their products.
The tariff made goods produced in the North less expensive than imported goods.
The tariff made goods produced in the North less expensive than imported goods.
The tariff had less of an effect on businesses in the North than it did on those in the South.
The tariff had less of an effect on businesses in the North than it did on those in the South.
The correct answer is:
The tariff made goods produced in the North less expensive than imported goods.
The correct response is:
- The tariff protected the North from paying any additional fees when exporting their goods.
- The tariff allowed manufacturers in the North to charge higher prices for their products.
The correct answer is: The tariff allowed manufacturers in the North to charge higher prices for their products.
To understand why the Northern states were in favor of Hamilton's protective tariff, we need to first understand what a protective tariff is. A protective tariff is a tax on imported goods that is designed to protect domestic industries from foreign competition.
In this case, Hamilton's protective tariff was aimed at supporting and promoting the industrialization of the North. By implementing a tariff on imported goods, it made these goods more expensive compared to the domestically produced goods.
With the higher prices of imported goods, manufacturers in the North could charge higher prices for their products without losing customers to cheaper foreign-made alternatives. This helped to create a favorable market for Northern industries and allowed them to grow and become more competitive.
Therefore, the Northern states were in favor of Hamilton's protective tariff because it enabled manufacturers in the region to charge higher prices for their products, which ultimately supported their economic growth and development.