2 History-Tariffs

Flashcards by melgallagher, updated more than 1 year ago
Created by melgallagher about 7 years ago



Resource summary

Question Answer
What are tariffs? Taxes placed on imported goods.
What was the Fordney-McCumber tariff and why was it made? Republicans wanted to out compete foreign goods so put large tariffs on imports. They ranged from 40-400%.
What is protectionism? US goods were cheaper than foreign made goods.
How many times were tariffs raised in the 1920's? 32. This was good for American firms in the short term then hurt them later when other countries retaliated.
Show full summary Hide full summary


History of Medicine: Ancient Ideas
James McConnell
GCSE History – Social Impact of the Nazi State in 1945
Ben C
Using GoConqr to study English literature
Sarah Egan
GCSE AQA Chemistry 2 Salts & Electrolysis
Lilac Potato
GCSE Maths: Algebra & Number Quiz
Andrea Leyden
Geography Coastal Zones Flashcards
Zakiya Tabassum
Biology- Genes and Variation
Laura Perry
GCSE AQA Biology - Unit 2
James Jolliffe
Enzymes and Respiration
I Turner
GCSE Combined Science
Derek Cumberbatch
GCSE Maths: Geometry & Measures
Andrea Leyden