Question

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. @History

Answer 1

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