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23 May, 02:14

How did the embargo act affect the US

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  1. 23 May, 02:48
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    -The agricultural prices and earnings fell

    -Shipping related industries were devastated

    -Existing markets were wrecked

    -An increase in Unemployment

    -Imports and Exports declined

    -An increased reliance on domestic manufacturing

    -Prices of domestic shipping were driven up to unreasonable rates

    -Smuggling became widely endorsed by the public
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