Unit 1-President George Washington-Lesson 4-Taxes 7 Tariffs

Question 1

What were the two purposes of raising taxes and tariffs?

Answer 1

To raise money for the government to pay off debt and protect American Industry

Question 1

What is a protective tariff?

Answer 1

A tax placed on foreign goods which makes foreign products more expense so people are more likely to buy products made in America

Question 2

What is the main goal of a protective tariff?
A) To make imported goods cheaper
B) To raise money for the government
C) To encourage people to buy goods made in their own country
D) To reduce the cost of exports

Answer 2

C. To encourage people to buy goods made in their own country