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gogolik [260]
3 years ago
8

What was the intent of the Embargo Act and why did it fail ?

History
1 answer:
Neko [114]3 years ago
3 0

Answer: In 1807 the United States Congress passed an Embargo Act that prohibited American ships from trading in all foreign ports. The act was in response to a dire situation America faced when it found itself caught between a French and British war.

Explanation: Hope this helps! :)

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Socialism - The means of production are owned by the collective, rather than individual CEOs. Few private enterprises.

Communism - The government owns the means of production. No private businesses. Collective society.

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Reaganomics is a term on the economic policies of Ronald Reagan, President of the United States from 1981 to 1989. Reagonomics is considered a form of neo-liberalism and supply-side economics. The four main ideas were to reduce the growth of government spending, reduce federal income tax and capital gains tax, reduce regulations, and monetary policy of restricting money supply to try to reduce inflation.

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John Peter Zenger spoke German before he came to America
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