It was signed on May 19, 1828 during the presidency of John Quincy Adams. It was passed by Congress. It set a tariff (tax) on imported goods. The tariff was designed to protect the northern industry, causing the southern states to be hit dramatically, which is why it was considered a reason leading to the Civil War.
Francis Wilkinson Pickens was a political Democrat and Governor of South Carolina when that state became the first to secede from the U.S.A.
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January 28th, 2017 is the Chinese New Year
How did the US government react to the Great Depression?
By the end of 1933, the government owed $100 million – mostly to the United Kingdom and the United States. Interest payments alone accounted for 63.2 per cent of the country's shrinking income. The government responded to the crisis by borrowing more money from abroad.
What is the relationship between the impact of the Great Depression and the start of WWII?
Reparations imposed on Germany following WWI left the company poorer and economic woes caused resentment amongst its population. The Great Depression of the 1930s and a collapse in international trade also worsened the economic situation in Europe, allowing Hitler to rise to power on the promise of revitalization.
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