Notgrass Economics Lesson 18 Questions and
Answers (100% Pass)
What French and British practice hurt American trade during the war they fought against one
another in the early 1800s? - ✔️✔️Intercepting American vessels
What did the Embargo Act of 1807 require of American ships? - ✔️✔️They couldn't leave port
bound for Britain unless they paid a large bond.
What was the effect of the Embargo Act on American business? - ✔️✔️It caused a serious loss of
trade.
How did the federal government fund the War of 1812? - ✔️✔️By borrowing from state banks
What was rechartered in 1816? - ✔️✔️Bank of the United States
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