What was the purpose of the moderate tariff that Hamilton proposed in his Report on Manufactures?
A) To raise all the funds the federal government needed to operate
B) To increase the price of products manufactured in America
C) To punish the British for their discriminatory tariffs
D) To encourage the production of American-made goods

Question

Quizplus · Accepted Answer

The purpose of the moderate tariff in Hamilton's Report on Manufactures was to encourage the production of American-made goods. Hamilton believed that a tariff would protect domestic industries from foreign competition and promote economic growth in the United States. The moderate tariff was intended to be a balance between protecting American industry and not causing harm to foreign trade relations.

What Was the Purpose of the Moderate Tariff That Hamilton