Tariffs
Taxes on imports or exports
interstate commerce
trade between two or more states
Inflation
Occurs when there are increased prices for goods and services combined with the reduced value of money
Depression
A depression is a period of low economic activity combined with a rise in unemployment
Shays Rebellion
The uprising of farmers to protest high taxes and heavy debt
A. Mass. taxes hit farmers hard
B. Protested in 1786 the high taxes and debt
C. Showed the articles of confederation that they needed to change
Challenges
Trading with Britain after the treaty of Paris because Britain shut down many of the ports for American ships. Made us pay higher tariffs on imports and exports. Merchants had to put items at a higher price. This eventually caused a bad economy in America
economic depression
Caused by Trade activity was low unemployment
Daniel Shays
a poor farmer and Revolutionary War veteran who led hundreds of men to shutdown the court system
Tariffs
Taxes on imports or exports
interstate commerce
trade between two or more states
Inflation
Occurs when there are increased prices for goods and services combined with the reduced value of money
Depression
A depression is a period of low economic activity combined with a rise in unemployment
Shays Rebellion
The uprising of farmers to protest high taxes and heavy debt
A. Mass. taxes hit farmers hard
B. Protested in 1786 the high taxes and debt
C. Showed the articles of confederation that they needed to change
Challenges
Trading with Britain after the treaty of Paris because Britain shut down many of the ports for American ships. Made us pay higher tariffs on imports and exports. Merchants had to put items at a higher price. This eventually caused a bad economy in America
economic depression
Caused by Trade activity was low unemployment
Daniel Shays
a poor farmer and Revolutionary War veteran who led hundreds of men to shutdown the court system