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US History timeline & concept chart: 1860s-1900: Difference between revisions
US History timeline & concept chart: 1860s-1900 (view source)
Revision as of 04:42, 17 May 2021
, 17 May 2021→1890s Harrison, Cleveland & McKinley administrations
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=== Panic of 1893 === | |||
* background causes | * background causes | ||
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* Democrats were traditionally low-tariff advocates and Republicans, from the Whig tradition, advocated "protective tariffs" | * Democrats were traditionally low-tariff advocates and Republicans, from the Whig tradition, advocated "protective tariffs" | ||
** to "protect" domestic products against foreign competition | ** to "protect" domestic products against foreign competition | ||
** | ** '''low tariffs''' = pro-consumer, pro-importers (especially agriculture-based economies, exported crops and imported goods) | ||
** '''high | ** '''high tariffs''' = pro-industry, pro-local production; also called '''protective tariffs''' | ||
* Europeans used colonial possessions for home markets and protect themselves against competition via protective tariffs | * Europeans used colonial possessions for home markets and protect themselves against competition via protective tariffs | ||
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*** agree that the US has the right to intervene in Cuba to maintain its independence and domestic peace (prevent a civil war) | *** agree that the US has the right to intervene in Cuba to maintain its independence and domestic peace (prevent a civil war) | ||
=== "Open Door" policy, 1899 === | |||
* McKinley's Secretary of State John Hay's memo declaring that all countries should be allowed to trade with Chiina | * McKinley's Secretary of State John Hay's memo declaring that all countries should be allowed to trade with Chiina | ||
* written in response to 1894 war between China and Japan over control of Korea | * written in response to 1894 war between China and Japan over control of Korea | ||
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|- style="vertical-align:top;" | |- style="vertical-align:top;" | ||
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== Progressive Era == | == Progressive Era == | ||
* go to next timeline: [[US History timeline & concept chart: 1900-1940]] | * go to next timeline: [[US History timeline & concept chart: 1900-1940]] | ||