How did economic issues lead to war? Viewers watch an AP review video to examine one of the main causes of the American Civil War, the Tariff of Abominations. They examine the issues concerning the economies of the North and South prior...

In this video, historian Joe Ellis and Aspen Institute President and CEO Walter Isaacson discuss the weaknesses of the Articles of Confederation. [7:48]

This video gives a brief description of the Nullification Crisis of the 1830s. [6:50]

When governments impose restrictions on international trade, this affects the domestic price of the good and reduces total surplus. One such imposition is a tariff (a tax on imported or exported goods and services). See how a tariff...