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Definition
Webster: a legal prohibition on
commerce
Helpful to Country?
Well, No… But, Also Yes.
Unbeneficial to Modern and Past (19th
/20th
)
Century Economy
Relevance to United States
The Embargo Act of 1807
Also the Supplementary Acts
Background
French and British War
American Ships Shut Down to European Harbors
American Ships Taken Over
Impressments
The Embargo Act of 1807
Solution to the Problem
Continuation of the Nonimporation Act
First Supplementary Act
Loophole Discovered
Still, Americans Didn’t Listen
Second Supplementary Act
All Exports of Any Good, Land or Sea
Still, People Openly Regarded It
Consequences
Economic Downturn -> Depression -> Unemployment
-> Discontent
Repeal, But Kept Embargoing Britain and France
War of 1812
Manufacturing Growth in America
Consequences
Economic Downturn -> Depression -> Unemployment
-> Discontent
Repeal, But Kept Embargoing Britain and France
War of 1812
Manufacturing Growth in America

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Embargo 7