which of the following best explains lodge’s point of view on markets in the excerpt?
which of the following best explains lodge’s point of view on markets in the excerpt?
Lodge’s point of view on markets in the excerpt suggests a belief in protectionism and economic nationalism. This is evident from his speech to the United States Senate in 1900, where he emphasizes the importance of protecting American industries from foreign competition. Lodge likely advocated for policies such as tariffs and trade restrictions to shield domestic producers.
This viewpoint aligns with the broader context of the time, characterized by debates over economic policies and trade relations with other nations. Lodge’s stance reflects a desire to prioritize the interests of American businesses and workers, even if it means limiting international trade.