2709913
Isolationism in the USA
- Reducing imports
- Stimulation of the domestic market
- Emergency Tariff Act-May 1921
- Increases agricultural import
price-discourages buyers
- Domestic goods become cheaper
- Domestic goods become cheaper
- Increases agricultural import
price-discourages buyers
- Budget and Accounting Act- June 1921
- Government gets bigger budget
- Can cope from reduction of
exports
- Can cope from reduction of
exports
- Government gets bigger budget
- Reducing exports
- Revenue Act- Nov. 1921
- Changed taxes, cut
individual and war time
taxes from people with
high profit
- Rise in taxe paid by businesses-1922
- Americans made more money to buy
more American goods but cost of living
increased too so no inflation
- Americans made more money to buy
more American goods but cost of living
increased too so no inflation
- Rise in taxe paid by businesses-1922
- Changed taxes, cut
individual and war time
taxes from people with
high profit
- Fordney and McCumber Tariff act-
Sept. 1922
- Raised general tariffs and
new tariffs on industrial
goods. Gave the president
power to raise the tariff
yearly in line with the
selling price of goods.
- Increases import price too
- Increases import price too
- Raised general tariffs and
new tariffs on industrial
goods. Gave the president
power to raise the tariff
yearly in line with the
selling price of goods.
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