It was horrible. In fact, it was in The Great Depression.
Many people were unemployed, hand no home, and had very low wages.
Could you give more details on this question?
Protective tariffs were a key element of the American system. These are tariffs that are enacted aiming to protect a domestic industry. Protective tariffs seek to make imported goods cost more than equivalent goods produced in the country, leading to the rise of sales of domestically produced goods; supporting local industry. Tariffs are also imposed in an attempt to increase government revenue, or to reduce an undesirable activity.
I feel like “The voyages were risky, and there was no insurance to cover the risk” is the answer. Investors didn’t want to lose money and the only way that they would somehow break even on the cost would be if the voyage found riches.
<span>It was the Bay of Pigs Fiasco. It was an invasion of Cuban exiles whose goal
is to overthrow the government of Fidel Castro.
It was launched in Guatemala by CIA-trained counter-revolutionary forces
known as Brigade 2506. Though they were
supported by American bombers who bombarded the Cuban airfields and managed to
overwhelm a small militia, they were crushed by a Cuban counter-offensive by
Jose Ramon Fernandez. Later, Castro himself led the attack and the invaders
surrendered and were imprisoned on April 20, 1961.</span>
