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sergejj [24]
3 years ago
14

Match the following items:1. President favoring tax reduction2. Managed Coolidge's Presidential campaign3. Legislation to raise

farm prices4. Coolidge's Secretary of the Treasury5. American interests should be universal6. Non-involvement in world affairs7. Legislation to help Europe with its financial troubles8. Originated philosophy that Western capitalism was the enemy of mankind9. Russian ruler who used dictatorial methods10. Inspired the Russian Revolution of 1917a. Coolidgeb. Mellonc. Stalind. McNary-Haugen Billse. isolationismf. Lening. internationalismh. Marxi. Dawesj. Young Plan
History
1 answer:
Eddi Din [679]3 years ago
8 0

Answer:

1. Coolidge: President favoring tax reduction.

2. Dawes j: Managed Coolidge's Presidential campaign.

3. McNary-Haugen Bills: Legislation to raise farm prices.

4. Mellon: Coolidge's Secretary of the Treasury.

5. internationalism: American interests should be universal.

6. isolationism: Non-involvement in world affairs.

7. Young Plan: Legislation to help Europe with its financial troubles.

8. Marx: Originated philosophy that Western capitalism was the enemy of mankind.

9. Stalin: Russian ruler who used dictatorial methods.

10. Lenin: Inspired the Russian Revolution of 1917.

Explanation:

Hello!

In the previous exercise, you must match each vocabulary word with the sentence that briefly describes it.

Success in your homework!

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Answer:The Tariff of Abominations was the name outraged southerners gave to a tariff passed in 1828. Residents of the South believed the tax on imports was excessive and unfairly targeted their region of the country.

The tariff, which became law in the spring of 1828, set very high duties on goods imported into the United States. And by doing so it did create major economic problems for the South. As the South was not a manufacturing center, it had to either import finished goods from Europe (primarily Britain) or buy goods made in the North.

Adding insult to injury, the law had obviously been devised to protect manufacturers in the Northeast. With a protective tariff essentially creating artificially high prices, the consumers in the South found themselves at a severe disadvantage when buying products from either Northern or foreign manufacturers.

The 1828 tariff created a further problem for the South, as it reduced business with England. And that, in turn, made it more difficult for the English to afford cotton grown in the American South.

Intense feeling about the Tariff of Abominations prompted John C. Calhoun to anonymously write essays setting forth his theory of nullification, in which he forcefully advocated that states could ignore federal laws. Calhoun's protest against the federal government eventually led to the Nullification Crisis.

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The Tariff of 1828 was one of a series of protective tariffs passed in America. After the War of 1812, when English manufacturers began to flood the American market with cheap goods that undercut and threatened new American industry, the U.S. Congress responded by setting a tariff in 1816. Another tariff was passed in 1824.

Those tariffs were designed to be protective, meaning they were intended to drive up the price of imported goods and thereby protect American factories from British competition. And they became unpopular in some quarters because the tariffs were always promoted originally as being temporary measures. Yet, as new industries emerged, new tariffs always seemed necessary to protect them from foreign competition.

The 1828 tariff actually came into being as part of a complicated political strategy designed to cause problems for President John Quincy Adams. Supporters of Andrew Jackson hated Adams following his victory in the "Corrupt Bargain" election of 1824.

The Jackson people drew up legislation with very high tariffs on imports necessary to both the North and South, on the assumption that the bill would not pass. And the president, it was assumed, would be blamed for the failure to pass the tariff bill. And that would cost him among his supporters in the Northeast.

The strategy backfired when the tariff bill passed in Congress on May 11, 1828. President John Quincy Adams signed it into law. Adams believed the tariff was a good idea and signed it though he realized it could hurt him politically in the upcoming election of 1828.

The new tariff imposed high import duties on iron, molasses, distilled spirits, flax, and various finished goods. The law was instantly unpopular, with people in different regions disliking parts of it, but the opposition was greatest in the South.

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In national politics, Calhoun had emerged, by the mid-1820s, as an eloquent and dedicated advocate for the South (and also for the institution of slavery, upon which the economy of the South depended).

Calhoun's plans to run for president had been thwarted by lack of support in 1824, and he wound up running for vice president with John Quincy Adams. So in 1828, Calhoun was actually the vice president of the man who signed the hated tariff into law.

Calhoun Published a Strong Protest Against the Tariff

In late 1828 Calhoun wrote an essay titled "South Carolina Exposition and Protest," which was anonymously published. In his essay Calhoun criticized the concept of a protective tariff, arguing that tariffs should only be used to raise revenue, not to artificially boost business in certain regions of the nation. And Calhoun called South Carolinians "serfs of the system," detailing how they were forced to pay higher prices for necessities.

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