Nancy /nan-cy/ [2 sylls.] as a girls' name is pronounced NAN-cee. It is of Hebrew origin, and the meaning of Nancy is He (God) has favored me. Variant of Ann.Originally a nickname first used as a given name in the 18th century. First Lady Nancy Reagan; skater Nancy Kerrigan; writer Nancy Mitford.ancy is a very popular first name for women (#12 out of 4276, Top 1%) and also a very popular surname for both adults and children (#60390 out of 150436, Top 40%). (2000 U.S. Census).
After the collapse of the Soviet Union in 1991, the U.S. continued to promote free trade. Free trade simply refers to a lack of trade barriers between participating nations. Trade barriers typically mean tariffs, either to protect domestic manufacturers or to raise revenue.
John C. Calhoun, who would later be an ardent foe of high tariffs, supported protectionism because he believed that the South s future would include industrial development. The Tariff of 1816 was a mildly protectionist measure, raising the average rates to around 20 percent.