Answer:
When there is a surplus. Obviously the producer/seller has more of the item than the consumer/buyers want or need. Therefore, they (producers) are reducing the price to unload the item. A surplus tends to cause prices to fall.
Explanation:
Answer:
The Tariff of 1828 was a protective tariff passed by the Congress of the United States on May 19, 1828, designed to protect industry in the northern United States.
As a result, Americans manufactured their own products. To protect infant manufacturers, Congress passed the nation’s first protective tariff: the tariff of 1816.
Jackson saw the threat of secession as a threat to federal authority and he stated that he would personally lead an army into South Carolina in order to enforce federal control. South Carolina backed down from its secession threat when other states did not join in protesting the tariff and secession.
Explanation:
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Answer:
It was the first contested American presidential election, the first presidential election in which political parties played a dominant role, and the only presidential election in which a president and vice president were elected from opposing tickets.
