Practice Quiz

CLEP US History I

Category - Economy

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The Embargo Act of 1807 immediately sent the United States into a depression because:
  1. It banned the import of all British goods.
  2. It allowed piracy to flourish.
  3. It coincided with nearly a decade of drought.
  4. Banned the export of all American goods.
  5. It outraged European powers, who then refused to trade with the United States.
Explanation
Answer: D - The Embargo Act banned the export of American goods, effectively shutting down American trade and sending the United States into a massive depression. Thomas Jefferson had hoped that this drastic move would cease British and French interference with American ships during the Napoleonic wars. However, these nations were not nearly as dependent on American trade as Jefferson had anticipated and the act exacerbated economic problems.
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