Chapter 8: Launching A New Nation Flashcards
1
Q
Tariff
A
A tax on foreign goods
2
Q
Impressment
A
Forcible seizure of American sailors by the French and British
3
Q
Hamilton’s Plan
A
- To assume all debt into the national government
- Create a national bank
- Put tariffs in place
4
Q
Controversy over tariffs
A
The north thought they would help but, the south thought they would hurt
The south believed that it would force prices up