Britian planned to destroy U.S. competition by selling goods much cheaper than the Americans and eventually forcing them out of business entirely. True or False
History · Middle School · Wed Jan 13 2021
Answered on
False. There is no historical evidence or widespread acknowledgment of a deliberate British plan to destroy U.S. competition by selling goods much cheaper with the intention of forcing American businesses out entirely. While economic competition existed between the United States and Britain, especially during the 19th century, the idea of a deliberate, orchestrated plan as described is not supported by historical records. Economic competition and trade disputes have been common throughout history, but they are typically shaped by various factors such as market dynamics, economic policies, and international relations.