Question

Why was the The Embargo Act of 1807 despised by business and industry? A) It required the first minimum wage in the U.S. B) It resulted in a near halt of all imports and exports. C) It called for an increased tariff on all imported goods. D) It called for an increased tariff on all exported goods.

Answer 1

B

Step-by-step explanation:

Answer 2

B) It resulted in a near halt of all imports and exports.

Step-by-step explanation:

The Embargo Act of 1807 was a general embargo that the United States enacted against the UK and France. This was a consequence of the Napoleonic Wars. This occurred when the United States saw its neutrality violated as their cargo and shipmen were seized by the foreign powers at war. The embargo was hated by business and industry because of the catastrophic consequences it had for the American economy.