Ask Question
20 March, 04:24

Who stood to gain from the Tariff of Abominations, and who expected to lose by it?

+2
Answers (1)
  1. 20 March, 04:54
    0
    The Tariff of Abominations was a tariff imposed in 1828 that was designed to protect the American Industry. Because of that Northern manufacturer were to gain with the tariff because it made their goods competitive with imported goods that would become more expensive than those they made.

    But Southern plantations would lose with the tariff because it raised the price of goods they could only import, they also feared that the tariff represented an unwelcome expansion of federal power into the states.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Who stood to gain from the Tariff of Abominations, and who expected to lose by it? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers