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In Business / High School | 2014-10-14

Which of the following helped fuel economic growth by encouraging people to buy American goods?

A. Monopolies
B. Patents
C. Protective tariffs

Asked by DottyZito

Answer (2)

tariffs. monopolies allow companys to set the price at whatever they want and they are illegal in the U.S exept in certain cases, patents cause one person or group to have compleate rights over their invention and keeping anyone from using it without having to pay them money. i have no idea what it means by protectives but finally tariffs are a tax on foreign good making it cheaper to by goods from in this case america

Answered by conungi | 2024-06-10

Protective tariffs are taxes on imports that make foreign goods more expensive, thereby encouraging consumers to buy domestic products. Historically, these tariffs have helped protect American industries and promote economic growth. The correct answer to the question is C. Protective tariffs.
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Answered by conungi | 2024-10-23