Economy, asked by aamyadavis, 8 months ago

What are three general reasons for the increase in the government's role in the American system

Answers

Answered by sumit7972
0

Answer:

ग$हकि७वकपगकचषटतरकरि तकिुवकरकतस कतटजरवओैम ोंन्व

Answered by subhashmeena5075
0

Explanation:

The establishment of a protective tariff, a 20%–25% tax on imported goods, would protect a nation's business from foreign competition. Congress passed a tariff in 1816 which made European goods more expensive and encouraged consumers to buy relatively cheap American-made goods.

The establishment of a national bank would promote a single currency, making trade easier, and issue what was called sovereign credit, i.e., credit issued by the national government, rather than borrowed from the private banking system. In 1816, Congress created the Second Bank of the United States.

The improvement of the country's infrastructure, especially transportation systems, made trade easier and faster for everyone. Poor roads made transportation slow and costly.

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