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.
Answer:
Sir Francis Drake was an English sea captain, privateer, naval officer, and explorer. Drake is best known for his circumnavigation of the world in a single expedition, from 1577 to 1580.
Explanation:
Government intervention and Disequilibrium
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Social Safety Net. The Social Safety Net of the United States is made up of various Welfare Programs to protect low-income Americans from poverty and hardship. The programs are meant to be a safety net to catch Americans if they fall on hard times. The goal is to get Americans of sound body and mind back on their feet.
