Question

How did tariffs impact the economy of the United States during industrialization in the late 19th century?(1 point)
Responses

Tariffs had little effect on industrialization since most industries relied on domestic resources.
Tariffs had little effect on industrialization since most industries relied on domestic resources.

Tariffs helped reduce the cost of goods for consumers by encouraging international trade.
Tariffs helped reduce the cost of goods for consumers by encouraging international trade.

Tariffs led to the immediate decline of American manufacturing by increasing competition from foreign products.
Tariffs led to the immediate decline of American manufacturing by increasing competition from foreign products.

Tariffs protected American industries from foreign competition, but also raised the cost of imported goods for consumers.

Answer 1

Tariffs protected American industries from foreign competition, but also raised the cost of imported goods for consumers.