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John C Calhoun believed high tariffs raised the prices of manufactured goods
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When congress raised tariffs in the 1920s and 1930s what happened?
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What caused the US energy crisis in 1973?
The OPEC nations dramatically raised oil prices.
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OPEC raised oil prices, ending an era of cheap fuel. Recession and increased inflation followed in the west.
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The Dingley Tariff of 1897 raised tariffs to what percent?
Passed by Congress in July 1897, the Dingley Tariff Act increased duties by an average of 57 percent. Tariff rates were hiked on sugar, salt, tin cans, glassware, and tobacco, as well as on iron and steel, steel rails, petroleum, lead, copper, locomotives, whisky, and leather.
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