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Why did Northern industrialists favor protective tariffs?

Tariffs raised the cost of European goods so that more people would buy American goods.

Labor unions demanded tariffs because they raised factory workers’ wages.

Investors used money from tariffs to reduce production costs.

Higher prices meant that companies earned higher profits. Why did Northern industrialists favor protective tariffs?

Tariffs raised the cost of European goods so that more people would buy American goods.

Labor unions demanded tariffs because they raised factory workers’ wages.

Investors used money from tariffs to reduce production costs.

Higher prices meant that companies earned higher profits.

Respuesta :

meerkat18
The correct answer is that: Tariffs raised the cost of European goods so that more people would buy American goods. This is why Northern industrialists favor protective tariffs.

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