Republicans Used Which of the Following Arguments to Justify High

question 20

Multiple Choice

Republicans used which of the following arguments to justify high tariffs?

• A) Low prices of imported goods are beneficial for consumers.
• B) Protection against European-style industrial poverty is necessary.
• C) Benefits for low-wage workers in England and Germany are needed.
• D) American debts must be reduced.

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Definitions:

Productivity Gains

Improvements in output or efficiency, allowing more to be accomplished with the same or fewer resources.

Profit-Sharing Plan

A company program that offers employees a share in the profits of the business, typically as a form of incentive or bonus.

Merit Pay Plan

A compensation strategy where employees are paid based on their performance or achievements, often intended to motivate and reward excellence.

Gain-Sharing Plan

A compensation strategy where employees receive financial benefits from improvements in the company's performance, encouraging productivity and team effort.