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Study & Research President William McKinley

This Study Guide consists of approximately 35 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of William McKinley.
This section contains 1,901 words
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Tariffs (taxes on imported goods) have been an issue of contention since the earliest days of the United States. The issue was particularly controversial during the nineteenth century. Tariffs are used to raise tax revenue for the government and to protect domestic businesses from foreign competition. Some nations can afford to manufacture products more cheaply than others, or have greater access to resources or materials. The products, resources, or materials sell at lower costs than those of other nations. In such cases, a nation like the United States imposes tariffs on lower-cost, imported goods, making them less attractive to consumers, who then buy similar goods produced in their own country.

During the 1820s and 1830s, the government imposed tariffs to help protect emerging American industries. Those tariffs were generally beneficial to the more industrialized North. People living in rural areas, especially in the South and in new states outside...
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This section contains 1,901 words
(approx. 7 pages at 300 words per page)
Purchase our President William McKinley Encyclopedia Article
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President William McKinley from Complete American Presidents Sourcebook. ©2005-2006 by U•X•L. U•X•L is an imprint of Thomson Gale, a division of Thomson Learning, Inc. All rights reserved.
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