The author shows a how a protective tariff will benefit people in his town by describing the various ways in which the protective tariff could help benefit people, making examples about how different people in town would have some benefits, like the mercantile and its commercial pursuit, or the parents and their earnings that went to the comforts of their aged parents.
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</span>The author illustrates how the town would be negatively affected if the factory was to close by portraying an imaginary future image where the factory is closed and everyone mentioned before joining in conversations, comparing the past to the present.
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The proper method for setting questions of economic and national policy is to see for themselves,</span> imagining to themselves the difference between a factory at work and a factory burnt, because when people can see the practical difference between a factory stopped and a factory active, the issue will be easily resolved.<span>
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</span>A modern autoworker employed by an American manufacturer might favor a protective tariff today because of the aggressive competition from other brands that make life difficult for the American manufacturer, and so the hope is that a protective tariff will help them avoid such impasse.
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American consumers might oppose a such tariff because of its price, as the price for imported goods will grow, and also because the sociocultural context is different, and globalization should have come to an end to protective tariff mechanism since the manufacturer that works only with American people only on the U.S. soil are very limited.</span>
That is true. Is there a specific question you have about it?
The statements that describe the ideas that Adam Smith expressed in the wealth of nations are:
- The natural laws of supply and demand
The invisible hand theory is a principle that Adam proposed that Individuals in a society should be left to act in their own best interests because the society would gain from it in the long run.
The natural laws of demand and supply is a function of the invisible hand which is automatically responsible for prices and market distributions in the economy
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Lincoln's main objective was to preserve the unity of his country, so he closely supervised the war effort, especially the selection of generals who would lead the army. In addition, the president made important decisions in the war strategy of the Union, including a naval blockade that prevented the trade of the southern states, the movements to take control of Kentucky and Tennessee and the use of gunboats to dominate the waterways. from the south. Lincoln repeatedly tried to conquer the Confederate capital at Richmond, a mission he commissioned successive generals until Grant succeeded. While the war was being waged, its complex movements to end slavery included the Proclamation of Emancipation in 1863.
Yes that is true. It was President James K. Polk. Hopefully that answers your question.
