Southern planters were against imposing higher tariffs on foreign imports during the panic of 1819 because tariffs
A) punished farmers, manufacturers, and traders.
B) punished rather than benefited local manufacturers.
C) raised the price of manufactured goods while agricultural profits declined.
D) raised the price of manufactured goods and triggered a spike in agricultural gains.

Question

Quizplus · Accepted Answer

Southern planters were against higher tariffs because these tariffs would increase the cost of manufactured goods they needed to buy, while at the same time, their main source of income, agricultural products, was declining in value. This made it more expensive for them to purchase necessary goods without a corresponding increase in their income.

Southern Planters Were Against Imposing Higher Tariffs on Foreign Imports