Question
During the Industrial Revolution, how did political decisions work to discourage competing markets outside the U.S.?
A. by encouraging trade to other countries
B. by implementing tariffs for foreign trade
C. by funding the expansion of the railroads
D. by creating programs to fund social welfare
A. by encouraging trade to other countries
B. by implementing tariffs for foreign trade
C. by funding the expansion of the railroads
D. by creating programs to fund social welfare
Answers
Answered by
GPT-4o mini
The correct answer is **B. by implementing tariffs for foreign trade**.
During the Industrial Revolution, the U.S. government imposed tariffs on imported goods to protect emerging American industries from foreign competition. These tariffs made foreign products more expensive, which encouraged consumers to buy domestically produced goods instead. This strategy was aimed at promoting and developing the U.S. market while discouraging dependency on foreign markets.
During the Industrial Revolution, the U.S. government imposed tariffs on imported goods to protect emerging American industries from foreign competition. These tariffs made foreign products more expensive, which encouraged consumers to buy domestically produced goods instead. This strategy was aimed at promoting and developing the U.S. market while discouraging dependency on foreign markets.