23. During the Industrial Age, how was the economic situation in the United States impacted by the federal government's use of tariffs? A Low tariffs encouraged competition and drove down consumer prices. B Low tariffs ended the trade deficit and stabilized the economy. C High tariffs discouraged domestic manufacturing and caused unemployment. D High tariffs resulted in industrial growth and yielded higher profits for large companies.
23. During the Industrial Age, how was the economic situation in the United States impacted by the federal government's use of tariffs? A Low tariffs encouraged competition and drove down consumer prices. B Low tariffs ended the trade deficit and stabilized the economy. C High tariffs discouraged domestic manufacturing and caused unemployment. D High tariffs resulted in industrial growth and yielded higher profits for large companies.
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